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Arrow Electronics Sales Up 8% in 1Q 2022
Electronics distributor expects component supply to remain well below demand in coming quarters.
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Wesco International Reports 22% Growth in First Quarter
Wesco set company records for sales, backlog and profitability while continuing rapid deleveraging.
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Lawson Products Changes Name to Distribution Solutions Group
The name encompasses the operating companies Lawson Products, TestEquity and Gexpro Services.
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TricorBraun Taps New CFO and European President
Scott Beamer is now CFO, and Declan McCarthy has been appointed President, TricorBraun Europe.
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NOW Inc. 1Q 2022 Sales Up 31%
Profit for Now Inc. was $30 million.
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Global Industrial 1Q 2022 Sales Up 15%
The distributor reports profit from continuing operations at $21.8 million.
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HARDI Distributors See 26.7% Revenue Boost in March
Average annual sales growth for HVACR distributors for the past 12 months was 25.3%.
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Owens & Minor Reports First Quarter Results
The company completed the largest acquisition in its history in the first quarter.
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Imperial Dade to Acquire Veritiv Canada, Inc.
Verativ Canada is a janitorial and hygiene products print and foodservice packaging solution provider.
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OTC Acquires American Industrial Corporation (AIC)
AIC is headquartered in the Indianapolis area and adds technical sales and service capabilities.