Anixter Sees Record Sales

Jason Sandefur

On pace for a “record-setting” year, Anixter reported sales, including fasteners, rose 32% to $1.33 billion during the third quarter of 2006. Net income more than tripled to $76.2 million.
“In North America we saw year-over-year sales grow by 33% to $991.7 million in the most recent quarter,” stated CEO Robert Grubbs.
Sales during the first nine months of 2006 climbed 29% to $3.64 billion, while net income soared 125% to $157 million. Web: anixter.com �2006 FastenerNews.com