SiteOne Landscape Supply Inc. reported 2021 3Q sales of $936.4 million, a 25% increase over the same period last year.
Los Angeles-based firm Leonard Green & Partners, L.P. joins Berkshire Partners as investors in distributor of OEM foodservice equipment parts.
Pittsburgh-based Kennametal Inc. had fiscal 2022 first-quarter sales of $484 million, a 21% increase over the same period the prior year.
Distributor says it will expand customer service capabilities by adding approximately 100 new jobs to its Lake County, Illinois, headquarters.
Summit Electric Supply’s new 6,500-square-foot Service Center in Richardson, Texas, features a will-call desk for phone and online orders.
The October Manufacturing PMI registered 60.8%, a decrease of 0.3 percentage point from the September reading of 61.1%
Industrial products wholesale buying group says sales in the first 9 months were $44 billion, an increase of 34% across its 13 divisions.
Industrial distributor’s 2021 3Q sales were $3.4 billion, while the company posted operating earnings of $438 million.
The global distributor reported 3Q net sales increased 15% to $110.8 billion in the third quarter, compared with $96.1 billion in 2020.
The company’s 2022 fiscal 1Q sales were $5.6 billion, up more than $400 million from the previous quarter and 18.2% year over year.
The 2021 3Q data reflects increases in private inventory investment, personal consumption expenditures and government spending.
Lawson Products reported $105.6 million in sales for 2021 3Q and $315.7 million in sales for the first nine months of the year.
