All the latest reporting and analysis from Distribution Strategy Group.
AR/AP automation represents one of the fastest, most measurable wins in the automation journey.
Chief financial officer Kristen Actis-Grande will step down on August 8.
North America was the top-performing region for the international electrical distributor, with sales in the U.S. up 8.2% and Canada rising 10.9%.
Two-thirds (67%) of respondents expect the average effective tariff rate to remain unchanged or rise slightly by the end of the year.
Total durable goods shipments increased by 0.5% in June over May.
The agreement follows what the companies described as “a mutually satisfactory resolution of the lawsuit” originally filed by Provi in 2022.
The company continues to grow through acquisition as part of its strategy to broaden its national footprint and product range.
“This is one of only 10 warehouses of this type that the company has in the United States,” said Plainfield First Selectman Kevin Cunningham.
Demand for backup power systems, military equipment, and batteries surged in the first half of 2025.
According to the complaint, the breach resulted in $49 million in direct remediation costs and extensive downtime that disrupted manufacturing.