Distribution Industry News

Graybar has promoted a longtime executive to oversee pricing strategy and hired a new leader to head its shared services operations.

Based on approximately 46.2 million shares outstanding, the proposal implies an equity valuation of about $1.36 billion for the specialty distributor if applied to all shares.

Manufacturers also reported improved confidence in their own businesses.

Executives said demand for infrastructure supporting artificial intelligence workloads, hybrid cloud environments and cybersecurity contributed to the results.

SouthernCarlson distributes construction and industrial fasteners, tools, packaging and related consumables to contractors, manufacturers, and dealer networks.

SupplyOne, founded in 1998, distributes corrugated packaging, protective packaging materials, and related services.

The reusable packaging system could affect how wholesale distributors handle shipments between distribution centers, branches, and retail locations.

CEO Sudhir Bhojwani said companies are looking for tools that allow procurement teams to operate more efficiently as supply chains grow more complex.

Graybar’s results reflect continued growth tied to infrastructure spending, electrification projects, and data-center construction, which have become major drivers for electrical distributors.