Operations

The company’s strong quarter was primarily due to the impact of the completion of its merger with Tech Data from September 2021.

The home improvement company says it plans to use the net proceeds from the sale of the notes for “general corporate purposes.”

Crescent Electric Supply Company says it has relocated its Minneapolis branch for ‘better customer access and enhanced service.’

The two companies have reached an agreement that will allow Woodgrain to buy Huttig Building Products in an all-cash deal.

The company reported $6.5 billion in sales for the quarter ending Jan. 31, as core strengths drove market share gains in supportive end markets.

The distributor says it entered an accelerated share repurchase agreement with Citibank N.A to repurchase $125 million of Beacon’s common stock.

The company recently elected David Meyer to its board of directors, a move that will take effect April 1.

The roofing material and building products distributor says it opened an OTC hub in Pico Rivera, California, and a branch in Little Chute, Wisconsin.

The electrical, communications and data networking distributor reported 2021 net sales of $8.8 billion, a 20.7% increase compared to 2020.