Fourth-quarter sales were roughly flat from a year ago.
Distribution Strategy Group
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The 4Q increase was primarily due to acquired revenue from Hisco.
U.S. residential markets were weakest for Ferguson.
New location is in Culpepper, Va.
Pro-Seal’s sales were $19.9 million in 2023.
BBH will fuel expansion plans for material handling distributor.
Sales growth driven in part by expanded relationship with Hitachi.
Companies seek enhanced scale, efficiency and innovation.
Ace Bolt & Screw extends reach into southeastern U.S.
CED adds four locations to its network.
US LBM expands in key Virginia Metropolitan areas.
PMI registered 47.8% in February, down from January.
Spending was down 0.2% from December.
The Lanmor acquisition is the second under Platinum Equity’s ownership.
Business will transition into Border States Engineering Services.
Get Brooks Hamilton’s take on the latest developments in AI for distributors.
How to become more important to channel partners and grow market share.
Excluding acquisitions, sales were up 5.1%.
Commercial and multifamily growth offset single-family decline.
Acquisition expands Graybar’s services to southern Colorado.