Strategy

Graybar Exec on Strategy Behind New Leadership Roles, M&A Activity

Bill Mansfield, Graybar’s SVP of strategy and business development, reflects on the company’s acquisition strategy, as well as the long- and short-term ways COVID-19 has affected business operations.

December 6, 2021

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The company's income from operations for 2022 increased nearly 60% over the previous year, Graybar announced.

The company’s income from operations for 2022 increased nearly 60% over the previous year, Graybar announced.

  • The St. Louis-based electrical, communications and data networking distributor said a dozen executives will assume new leadership roles within the company starting next year.
  • Graybar in November announced deals to acquire St. Louis-based Metro Electric Supply and Metro Lighting, as well as Bay Area-based Steven Engineering. In October, Graybar Canada also acquired Electromag, a provider of services and solutions via pneumatic, safety, sensing and automation product distribution.

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