The distributor said pricing’s impact on 1Q sales was roughly half what it was in 2022’s third quarter.
The deal is expected to close in the first half of Emerson’s fiscal 2024.
Backlog is down in every region except for the South, which continues to see elevated levels of current and future construction activity.
The site is Birmingham’s first location in the state of Arizona, expanding its footprint in the West after a recent acquisition.
The deal is expected to expand Hospeco’s offering of wiping solutions and microfiber and adds complementary new lines to its product mix.
OXARC is Meritus’s second acquisition of 2023 after the distributor holding company made three additions to its portfolio in 2022.
Year-to-date orders for 2023 totaled $819.6 million, 10.7% below the first two months of 2022, according to a new report.
Biotech is a provider of dental implants, clear aligners, and innovative digital dental software based in Salon-de-Provence, France.
Walmart said it expects about 65% of its stores to be serviced by automation by the end of its fiscal year 2026
The added space will help Motion meet growing customer needs while adding future opportunities across its automation and robotic platforms.
Singer Industrial, formerly SBP Holdings, made its first acquisition of 2023 after making several bolt-ons in 2022.
Double-digit year-over-year sales and profit gains continued for the distributor, for which eCommerce comprised 62% of quarterly sales.
