Graybar Acquires 2 Industrial Automation Companies
Walter Industrial Products, Inc., and New England Drives & Controls will continue operating under their existing names.
Walter Industrial Products, Inc., and New England Drives & Controls will continue operating under their existing names.
Builders FirstSource profit for the quarter was up 98.5%.
Global Industrial net income for the period was $22.8 million.
Tower Fasteners President Mark Shannon will continue to lead the business under its current name.
North American sales for the electrical distributor were up 17.2% year-over-year.
The acquisition expands SBP Holdings’s presence in Idaho.