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Distribution Industry News

Arrow Electronics Names President of Global Components 

Jonathan Bein · May 19, 2022 · Leave a Comment

Kirk Schell succeeds David West and will report directly to Arrow CEO Sean Kerins.

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OTC Acquires American Industrial Corporation (AIC)

IDEA Acquires Data Management Provider DATAgility 

Jonathan Bein · May 19, 2022 · Leave a Comment

Acquiring DATAgility helps position IDEA to accelerate the Harmonized Data Model Initiative.

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lowes

Lowe’s 1Q Sales Down 4% YOY; Pro Customer Sales Up 20% 

Jonathan Bein · May 19, 2022 · Leave a Comment

Comparable sales for the U.S. home improvement business fell 3.8% for the first quarter.

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home depot

The Home Depot 1Q Sales Up 3.8% YOY 

Jonathan Bein · May 19, 2022 · Leave a Comment

Comparable sales in the U.S. were up 1.7%.

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Turtle & Hughes Names New Vice Presidents 

Jonathan Bein · May 19, 2022 · Leave a Comment

CEO says promotions represent leaders’ history of designing and delivering solutions that achieve customers’ goals for performance and sustainability.

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Housing Starts Up 14.6% in April 

Jonathan Bein · May 18, 2022 · Leave a Comment

Residential construction however seemed to slow from March, with starts and permits down.

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Industrial Production Rises 1.1% in April 

Jonathan Bein · May 18, 2022 · Leave a Comment

It was the fourth consecutive month of gains of 0.8% or greater in industrial production.

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ISS Acquires San Antonio Armature Works 

Jonathan Bein · May 18, 2022 · Leave a Comment

SAAW is an electromechanical service provider in South Texas.

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OTC Acquires American Industrial Corporation (AIC)

Darragh Company Acquires Service Construction Supply 

Jonathan Bein · May 17, 2022 · Leave a Comment

With the acquisition, Darragh will have 17 locations in six states.

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Imperial Dade Acquires Tepe Sanitary 

Jonathan Bein · May 17, 2022 · Leave a Comment

The acquisition is Imperial Dade’s 49th and expands company’s reach in the Midwest.

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