Industrial Supply Company now has eight locations in four states: Utah, Wyoming, Nevada and Arizona.
Tom Cross returns to BlackHawk, where he was a ‘key player in our ERP system implementation,’ the company announced.
The Wall Street Journal reports the layoffs would affect about 3% of corporate staff, not hundreds of thousands of Amazon warehouse workers.
The company reported that year-over-year 3Q sales increased, but earnings dipped slightly from 2022’s second quarter.
The company also reaffirmed its fiscal 2022 guidance, including comparable sales growth of approximately 3%.
The partnership will allow ISSA to utilize Staples’ training facilities to host training and certification classes.
New orders of manufacturing technology totaled $519.3 million in September 2022, a 13% increase from August, according to a new AMT report.
Last month, the Consumer Price Index was up 7.7% from October 2021, according to data from the Bureau of Labor Statistics.
The distributor has also enacted a handful of other cost-cutting actions as homebuilding has soured throughout 2022.
The company reported fiscal 2023 second-quarter net sales of $369.2 million, and increase of 129.4% over last year.
The distributor’s 33.8% year-over-year sales increase in 3Q follows a 28.7% annual increase reported in this year’s 2Q.
The Canadian industrial distributor says it continued to see overall strength in its backlog, which increased to more than $558 million.
