News

September orders totaled $590M, according to the Manufacturing Technology Orders Report by The Association For Manufacturing Technology.

All Integrated Solutions, a division of MSC Industrial Supply Co. moved into a distribution center near Minneapolis and Saint Paul, Minnesota.

Summit Electric Supply opened another new Service Center, which features a full counter and a will-call desk for phone and online orders.

Operations

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Graybar Names New Execs

Electrical, communications and data networking distributor says a dozen executives will assume new roles within the company starting in 2022.

Operations

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Fastenal October Sales Up

Winona, Minnesota-based Fastenal Co. reported October sales of more than $531 million, an 8.9% increase over the same month in 2020.

Electronic components distributor had 2021 third-quarter sales of more than $8.5 billion, an 18% increase over the same period in 2020.

For the third quarter of 2021, the building materials distributor reported net sales of $5.5 billion and net income of $613.1 million.

WESCO International Inc. had 2021 third-quarter sales of $4.7 billion, a 14.2% increase over the same span a year ago.

Building materials distributor Huttig Building Products reported 2021 3Q sales of $245.3 million, 15.3% above the same period a year ago.

Operations

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US LBM Expands Again

Illinois-based building materials distributor US LBM has opened a new roofing and siding location in Millsboro, Delaware.

Third-quarter sales were $277.4 million and net income was $23.2 million, both down from 2020 3Q, but 9-month earnings are ahead of last year.