Distribution Industry News
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Lowe’s Reports Sales Down 0.3% in Second Quarter 2022
Lowe’s pro sales were up 13% for the quarter.
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Jergens Inc. Sells Distribution Division JIS to PT Solutions
Jergens president says company’s greatest opportunities lie in manufacturing.
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Winsupply Opens Richard W. Schwartz Center for Innovation
The 28,000-square-foot center will host a Support Services team, which will work alongside a local company to refine innovations.
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Home Depot Sales Up 6.5% in Second Quarter 2022
Profit was up 7.5% from the prior-year period.
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Industrial Production Rises 0.6% in July
Manufacturing rose 0.7% after having fallen the past two months.
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NAW Names New Chief Innovation Officer
Bart Tessel has more than 25 years of experience in the industry.
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Manufacturing Technology Orders Dip for Second Month
Through the first half of 2022, manufacturing orders were up 13%.
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Beacon Appoints Birte von Schwarzenfeld as Senior Vice President, Commercial Solutions
Schwarzenfeld joins Beacon in a newly created strategic role focusing on commercial business where she will be responsible for serving nonresidential roofing customers.
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Cardinal Health Sales Up 11% to $47.1B in Fourth Quarter 2022
Total-year sales for 2022 were $181.4 billion, up 12% from 2021.
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RS Group PLC Acquires Risoul for $275M
Risoul is a family-owned Rockwell Automation distributor of industrial and automation products and service solutions in Mexico.