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Illustration 19276996 / Dirk Erck / Dreamstime
Iillustration 19276996 / Dirk Erck / Dreamstime

Graybar opens new branch and reports sales up over 6%

Aug. 23, 2013
Graybar, St. Louis, opened a new branch this week in Decatur, Ala., and reported a profit boost in Q2.

Graybar, St. Louis, opened a new branch this week in Decatur, Ala. Part of Graybar’s Atlanta District and located at 3082 Finley Island Circle NW in Decatur, Ala., the facility will serve Morgan and Lawrence counties in Alabama. Counter Sales Manager Brad Pitts will lead the sales effort for Graybar. A grand opening celebration is planned for September.

In other news, employee-owned Graybar reported net sales of $1.5 billion for the second quarter of 2013, an increase of 6.3% compared to the same period in 2012. The company also reported $21.9 million in net income for the quarter, a 48.8% decrease from the same period last year.

“Our second quarter performance demonstrates a consistent focus on serving our customers and growing our business,” said Kathleen Mazzarella, chairman, president and CEO. “In the coming months, we will continue to expand our geographic reach and enhance our capabilities for the advantage of our customers and suppliers.”