The company announced it was named one of Fortune’s ‘100 Best Companies to Work For in 2022.’
MDM chats with fastener distributor LINC Systems about issues plaguing the industry — importing, backlog and considerably higher costs — and what the company is doing to mitigate those impacts.
The company’s board of directors approved regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share.
The representatives are in the Mid-Atlantic region and are expected to ‘promote and support’ the NSI Industries stable of brands, the company said.
The duo says the partnership boosts the value of Continental’s distributor network by making inventory available to peer members.
The industrial technology company net sales of $909.1 million for the second quarter of fiscal 2022 ended February 28.
The company’s recent choices raise the question: Will other similar distributors reduce their exposure to volatile energy markets?
Woodgrain Inc. last month reached a deal to acquire Huttig Building Products for $350 million in an all-cash agreement.
The distributor says the ‘unanticipated rapid rise’ in fuel costs has pushed its suppliers to increase delivery charges.
In its latest earnings report, the company reported fiscal 2022 second-quarter net sales of $862.5 million.
DXP Enterprises, Inc. reported 2021 sales of $1.1 billion after closing three acquisitions during the year.
The company increased the pricing of its private offering from $500 million to $600 million aggregate principal amount of its 6.625% senior notes due 2030.
