More.Įconomic growth will continue throughout 2018, according to the Spring 2018 Semiannual Economic Forecast from the Institute for Supply Management. increased 0.4 percent in April to 109.4 following a 0.4 percent increase in March, and a 0.7 percent increase in February. The Conference Board Leading Economic Index for the U.S. SRS Distribution, McKinney, TX, a roofing distribution holding company,has opened three new locations in Florida, Washington and Virginia. Inc., Beloit, WI, opened its fourth branch in San Diego County. More.īuilding products distributor ABC Supply Co.
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Padgett replaces Mac McConnell, who retired in March. More.ĭXP Enterprises Inc., Houston, TX, has named Eugene Padgett chief accounting officer, effective May 21. Poul will replace Frank Little, who has announced his intention to retire. Paul, Minn., has named Mojdeh Poul as executive vice president, Safety and Graphics Business Group, effective July 1, 2018. Profit was $2 million, compared with a loss of $0.5 million a year ago.
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Houston Wire & Cable Co., Houston, TX, reported sales of $85 million for the first quarter of 2018, an 8 percent increase over the same period a year ago. The company reported a loss of $72.7 million, compared to a loss of $9.4 million in the second quarter of 2017. More.īeacon Roofing Supply Inc., Herndon, VA, reported sales of $1.43 billion for its fiscal second quarter ended March 31, a 64 percent increase compared to the same period in 2017. More.ĭXP Enterprises Inc., Houston, TX, reported sales of $285.9 million for the first quarter of 2018, a 19.9 percent increase compared to the first quarter of 2017. The increase was driven by sales growth, cost management, and lower interest expense, the company said. Net income was $23.2 million, compared to $3.8 million in the year-ago period. More.īuilders FirstSource Inc., Dallas, TX, reported first-quarter sales of $1.7 billion, an 11 percent increase compared to the first quarter of 2017. The Home Depot, Atlanta, GA, reported first-quarter sales of $24.9 billion, a 4.4 percent increase compared to the year-ago period.
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Profit increased 57.1 percent to $9.9 million. More.Ĭanadian distributor Wajax Corp., reported sales for the first quarter ended March 31 of $342.7 million, a 7.3 percent increase year-over-year. More.įoodservice distributor Sysco Corp., Houston, TX, reported fiscal third-quarter sales of $14.3 billion, a 6.1 percent increase compared to the year-ago period. More.įerguson Fire & Fabrication, a distributor of fire protection systems and a subsidiary of Ferguson Enterprises, has acquired National Fire. Safety and industrial supply distributor Mallory Safety and Supply, Portland, OR, has acquired Essential Safety Products. Henkel, Dusseldorf, Germany, agreed to acquire JemPak Corporation, Canada, for CAD $118 million (US$ 92.6 million), strengthening its North American laundry and home care portfolio. LUMBER Group, LLC, Atlanta, GA, a building materials distributor, will acquire Midwest Lumber, Stillwater, MN. Motion Industries, a wholly owned subsidiary of Genuine Parts Company, will acquire Power Industries, Inc., also known as Santa Rosa MRO, LLC, based in Santa Rosa, CA.