Distribution Industry News

Deco Tress has multiple locations across South Florida.

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.

Lisa Solomon will lead Motion’s corporate accounts in North America.

First Source is a full-line distributor of commercial, multi-family, residential and low-voltage electrical supplies. 

During the first six months of 2022, construction spending was $848.2 billion, a 10.7% increase from the prior year period. 

Analyst cautions that increases should be viewed through a cautionary lens due to inflation.