New locations, an expanded sales organization and enhanced e-commerce contributed to the growth.
Latest In Graybar
The Waco location will serve markets in seven counties in TX.
Profit for the electrical distributor increased 32.7 percent to $29 million.
The service center will serve as the primary shipping facility in the northern part of Texas.
Graybar sets company-record with $5.7 billion in sales in 2013.
The full-service Minot branch will help meet demand in the Bakken and Three Forks shale formations.
The new 30,000-square-foot facility will offer increased inventory for same-day pickup and delivery.
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The Missouri opening is the third new location for Graybar this month.
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The branches are located in Odessa and La Porte.
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For the first nine months, sales increased 4.6 percent.
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Expansion includes the addition of a new sales counter in Westwood, MA.
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The branch will serve the Columbia metro area as well as Boone and Randolph counties.
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Terms of the settlement with Beatty D’Alessandro were not disclosed.
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The branch is the distributor’s eighth new location this year.
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Profit for the electrical and data/comm distributor fell nearly 50 percent in the quarter.
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The facility will serve the Morgan and Lawrence counties in Alabama.
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The facility will serve the Kalamazoo metro area.
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Graybar opened five new locations so far this year.
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The Binghamton branch will serve customers in New York and Pennsylvania.
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