For the third quarter of 2021, the building materials distributor reported net sales of $5.5 billion and net income of $613.1 million.
WESCO International Inc. had 2021 third-quarter sales of $4.7 billion, a 14.2% increase over the same span a year ago.
Building materials distributor Huttig Building Products reported 2021 3Q sales of $245.3 million, 15.3% above the same period a year ago.
CEOs from leading distributors Grainger, Fastenal, Applied, MSC and Motion reveal secrets to their success during a challenging third quarter.
Illinois-based building materials distributor US LBM has opened a new roofing and siding location in Millsboro, Delaware.
Third-quarter sales were $277.4 million and net income was $23.2 million, both down from 2020 3Q, but 9-month earnings are ahead of last year.
SiteOne Landscape Supply Inc. reported 2021 3Q sales of $936.4 million, a 25% increase over the same period last year.
Los Angeles-based firm Leonard Green & Partners, L.P. joins Berkshire Partners as investors in distributor of OEM foodservice equipment parts.
Pittsburgh-based Kennametal Inc. had fiscal 2022 first-quarter sales of $484 million, a 21% increase over the same period the prior year.
Distributor says it will expand customer service capabilities by adding approximately 100 new jobs to its Lake County, Illinois, headquarters.
Summit Electric Supply’s new 6,500-square-foot Service Center in Richardson, Texas, features a will-call desk for phone and online orders.
Industrial products wholesale buying group says sales in the first 9 months were $44 billion, an increase of 34% across its 13 divisions.
