The 2012 Big 50 List is a compilation of the top industrial distributors in the world, with revenues ranging from just over $100 million, to the giants posting multi-billion dollar sales numbers. To see last year's list, visit the 2011 Big 50 List. Do you think your company should be on it next year?
The company finished 2012 with net sales of $5.4 billion, which was a 0.7 percent increase...
Edgen, a distributor of steel pipe, valves, plate and related components to the energy and...
Carr Supply is a Columbus, Ohio, based wholesale distributor of plumbing, heating, ventilation,...
Broadus will be succeeding Mike Rohde who is retiring after nearly 15 years of dedicated leadership at Airgas. Broadus will report to Airgas President and CEO Michael Molinini, and will be responsible for managing the South Division's three regions: South, National Welders, and Mid America. The transition will begin immediately.
Founded in 1979, Tucker Tool is headquartered in Mechanicsburg, Pennsylvania and operates out of a single location. Tucker Tool is focused on serving customers in the chemical, oil & natural gas, power generation, general engineering and transportation markets with approximately 10 employees.
The board also approved and authorized the company to purchase an additional $100 million of its common stock. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions.
Daily sales increased 8 percent versus April 2012, and included 3 percentage points from volume, 2 percentage points from price, 2 percentage points from acquisitions and 2 percentage points from the timing of the Easter holiday, partially offset by a 1 percentage point decline from foreign exchange.
The company joins Charlotte Winnelson, which opened in April, and Noland Company serving the area. In addition to the Charlotte area, the new Windustrial company serves the rest of the state and South Carolina. The president is Brian Clark who has PVF wholesale market experience in Charlotte, Upstate New York and the Los Angeles area.
The company just missed its sales target of EUR 10 billion, yet achieved a sales record with a reported total of EUR 9.98 billion. In its core business, the trade in assembly and fastening material for the craft and industry sector, the Würth Group grew by 3.7 percent to a total of EUR 5.5 billion in 2012. The industry sector, recording a plus of 12.3 percent, clearly contrasts with the rest.
The opening of the facilities – one each in Texas and North Carolina and an expansion in Utah – extends the presence of HD Supply Power Solutions in key geographic regions and enhances the services offered. The new locations are: Midland, Texas; Durham, N.C.; and Salt Lake City, Utah.
Sales for the quarter ended March 29, 2013 were $380.8 million, a 21.4% increase compared to sales of $313.6 million for the quarter ended March 30, 2012. On an average organic daily sales basis, sales increased 3.5% for the quarter. Sales to our institutional facilities customers, comprising 52% of sales, increased 50.3% for the quarter, and 5.0% on an average organic daily sales basis.
The company is opening a new distribution center on Wednesday, May 1st, in the Minneapolis-Saint Paul area to better serve local and regional customers. This strategic expansion supports HWC’s ongoing commitment to Right Product, Right Place, Right Time®, and will provide customers with the best possible service through standard same day shipment or will-call pickup.
Fastenal Company released the numbers for their April sales month, noting that net sales rose 9.8% year over year. Net sales in April of 2013 were $286,622 (Dollar amounts in thousands), up from261,093 in the same month of 2012. The daily sales were $13,028, up 4.8% from 12,433 in 2012.
Fourth quarter earnings per diluted share were $1.13, up 1% over prior year earnings per diluted share of $1.12. Excluding a $0.01 restructuring charge, adjusted earnings per diluted share* were $1.14, an increase of 3% over prior year adjusted earnings per diluted share* of $1.11.
Net sales for the third quarter increased 2.7% to $621.7 million from $605.5 million in the comparable period a year ago. Net income for the quarter was $29.3 million, or $0.69 per share, essentially flat compared with the third quarter of 2012.
Rexel recorded sales of €3,153.9 million, down 2.3% on a reported basis and down 3.7% on a constant and same-day basis. Excluding the negative impact due to the change in copper-based cable prices, sales were down 3.1% on a constant and same-day basis.
CEO Keating: "Distribution faced a decline in organic sales which resulted in its operating profit contribution coming in below prior year." Sales increased 1.8% in the first quarter of 2013 to $257.2 million compared to $252.6 million a year ago for the distribution segment.
Net sales for the first quarter of 2013 decreased 5.2% to $72.0 million versus $76.0 million for the first quarter of 2012. The decrease was mainly driven by reduced sales coverage due to an 11% decline in the average number of sales representatives in the first quarter of 2013 compared to the prior year period.
The board of directors voted to raise the quarterly cash dividend by 16 percent to 93 cents per share. Grainger has provided 42 consecutive years of increased dividends, a record that only 3 percent of companies in the S&P 500 can claim.
Genuine Parts Company's net income for the quarter was $144.4 million, down 1% from $146.3 million recorded in the same period of the previous year. Earnings per share on a diluted basis were 93 cents, unchanged from the first quarter last year. Motion Industries, the Industrial Group, was down 2% in the quarter.
Net sales were $1,808.1 million for the first quarter of 2013, compared to $1,606.0 million for the first quarter of 2012, an increase of 12.6%. Gross profit of $381.1 million, or 21.1% of sales, for the first quarter of 2013 improved 120 basis points compared to $319.7 million, or 19.9% of sales, for the first quarter of 2012.
Founded in 1998, Natpro is headquartered in Calgary, Alberta and operates out of eight locations across Eastern and Western Canada. Natpro is focused on serving customers in the oil & gas, mining, municipal, fire and general industrial markets.
WinWholesale Inc. has acquired the assets of West Coast Associates in Tampa, Fla. The company now operates as West Coast Winsupply and fabricates fire sprinkler systems for fire sprinkler and mechanical contractors in Florida and the southern regions of Georgia and South Carolina.
As one of the leading digital marketing companies, the Chicago-based Acquity Group will provide their e-channel expertise in leading the design and implementation of Airgas' new content-rich website. The new Airgas digital experience will enable customers to interact and transact with Airgas at any time and across all channels, including mobile and social interactions.
Douglas L. Jones has been named Airgas Division President - West Division, replacing Max D. Hooper who has resigned after 17 years of dedicated service to Airgas and its West Division. Mike Eatmon replaces Jones as President - Intermountain Region. Eatmon is a 14-year Airgas veteran and most recently served as an Area Vice President for the Intermountain region.
Gross profit for the fourth quarter of fiscal 2012 increased by $101 million, or 20.8 percent, to $587 million compared to $486 million for the fourth quarter of fiscal 2011. On a 52-week basis, gross profit in the fourth quarter of fiscal 2012 increased by $59 million, or 12.1 percent, as compared to the fourth quarter of fiscal 2011.
Since its founding in 1922 as Utility Supply Company, United Stationers has long been known as a wholesaler of business products such as office supplies and furniture. However, in the past few years, United Stationers has emerged as a major player in the industrial and janitorial areas through its acquisitions of companies servicing those sectors.
Sales growth of 4.9% in the first quarter of 2013 was impacted by the loss of one business day versus the prior year (63 days versus 64). Sales growth adjusted to a daily basis was 6.5% in the first quarter of 2013. The company believes that sales growth was held back partially due to the global economic policy uncertainty.