Wolseley plc, distributor of plumbing and heating products to professional contractors and a supplier of building materials, reported overall that sales for the first nine months ended April 30, 2008, were up 2 percent and profit fell 23 percent. As a result of what the distributor called tough market conditions, Wolseley has made further cost reductions in North America since April 30, 2008. The distributor has closed 75 branches and reduced headcount by 200 at Ferguson and closed or consolidated an additional 15 locations in Canada, with a reduced headcount of 50 people. More
Womack Machine Supply Company has acquired California-based Applied International Motion LLC. The addition of …