The distributor of electrical and industrial products continues to blossom since its acquisition of Anixter International in 2020.
The assets include 7 retail locations and a recently expanded fill plant and specialty gas laboratory in the Dallas-Fort Worth area.
It’s the fourth acquisition of 2023 for Envoy.
The company also named its Supplier Representative of the Year, which is Brandt Anderson for Stanley Black & Decker.
After three quarters in fiscal 2023, the bearings manufacturer has surpassed $1 billion in net sales, according to an earnings announcement.
The two acquisitions support Auxo’s recent purchase of Golden State Supply, another wire and cable manufacturer.
For the first six months of its 2023 fiscal year, net sales increased 23% over the same period in FY 2022 to $28.6 billion.
Klein Tools products will be available in Lowe’s stores and on Lowes.com in the second half of 2023, according to an announcement.
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
An infamous highway intersection just outside of New York City topped ATRI’s top trucking bottlenecks list for a fifth straight year.
RS said the rebranding will ‘further enhance the company’s user-friendly, technology-enabled customer experience in the region.’
Envoy announces its third acquisition of 2023 after making 16 acquisitions in 2022.
