The distributor also announced the pending March succession for its CFO position.
Latest In Wajax Industrial Components
The company’s total 2Q sales fell 3.1% — which improved sequentially from a 6.5% decline in 1Q.
The distributor also announced a new leader for its Industrial Parts and Engineered Repair Services segments.
Fourth quarter revenue in Wajax's Industrial Parts segment rose 26.9% year-over-year.
Sales increased 8.2% in the first six months.
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The company has commenced an internal and external search for a new CFO.
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Kaman’s seven branches in Canada had US$20M in annual sales.
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