A cyberattack on Henry Schein forced the healthcare products distributor to take systems offline and update its financial guidance.
Companywide, Wajax said 2023 third quarter revenue was $369.13 million (USD), up 8.3% over the same period in 2022.
The company posted 3Q year-over-year sales growth of 5.4%, an impressive rebound from the 3.6% decline seen in 2Q.
The facility, which will open in 2024, spans 30,000-square-feet and offers ‘a strategically positioned site,’ DSG says.
Machinery and auto parts inventory drove the first monthly gain since February.
The company’s 3Q YoY sales growth of 8.2% was a considerable slowdown from 2Q’s 16.4%, but still considered strong.
The company announced six new branch locations during the month of October.
The proposal would increase the salary threshold for guaranteed overtime pay from its current $35,668 to $55,000.
The company’s sales were $888 million for the third quarter of 2023, which was 2% higher than the second quarter of 2023.
The funding will help the company increase production capacity of its new air compression division through equipment upgrades and physical expansion.
Vizient is the largest provider-driven healthcare performance improvement company in the US.
An Ace Hardware official said its systems are restored a little over a week after a cyberattack disrupted shipments and online orders.
