Industrial member sales grew 2 percent.
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Actuant will sell the segment to Sentinel Capital Partners.
JCC will operate as a wholly owned subsidiary of Leviton.
Only one of four segments saw a sales increase during the quarter.
Including acquisitions, sales jumped 41.9 percent.
CEO: Product offering expansion helped maintain and perhaps boost market share.
Including unfavorable copper pricing and foreign exchange, sales decreased 3.2 percent.
Commercial aerospace and space & defense sales increased while industrial sales declined.
Sales for parent company Genuine Parts jumped 9.2 percent.
Divestment is in line with ABBs strategy to continuously optimize portfolio.
EECOL Electric Argentina was acquired as part of WESCO’s acquisition of EECOL Electric Corp. in 2012.
Stein joined BSE in 1995 as a management trainee.
Expansion includes the addition of a new sales counter in Westwood, MA.
Move strengthens position in the Mountain West
Pune, India-based Virgo serves global oil and gas, power and mining markets.
EWSU has eight branch locations in the state.
The branch will serve the Columbia metro area as well as Boone and Randolph counties.