The company reported 1Q 2023 revenue of approximately $2.52 billion, a slight increase compared with $2.4 billion reported in 1Q 2022.
Reina Ohol has been promoted to Senior Vice President of Human Resources for Sonepar North America, the company said.
The software solutions company says the suite will streamline workflow and create better customer experiences.
Riordan Materials Corporation and Florida Valve & Equipment Corp. and Environmental MD serve municipal water and wastewater treatment markets.
Among the new locations are three in Texas, two in Tennessee, one in Puerto Rico and several across the Midwest.
The company’s year-over-year daily sales growth accelerated after several months of decline, powered by sales to manufacturing customers.
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
On a seasonally adjusted annualized basis, nonresidential spending totaled $997.1 billion for the month, according to ABC.
The acquisition is expected to close in 2023’s third quarter.
The deal will increase Singer Industrial’s North American presence to roughly 85-plus locations with over 1,000 employees.
The construction industry had 341,000 job openings in March, according to an Associated Builders and Contractors analysis of federal data.
The new campus, located in Long Beach, includes an 1,800-square-foot showroom and a 20,000-square-foot warehouse.
