Neil Jowsey leaves Arco to become Cromwell MD
Neil Jowsey is to become Managing Director of Cromwell, broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions in the UK. Jowsey will become MD of the Grainger subsidiary effective 7 September. Jowsey has deep experience driving profitable growth at both B2B and B2C companies, most recently as joint MD […]
Grainger sees modest sales rise at start of 2017
Despite delivering a 1% rise in sales to $2.5 billion, Grainger said the start of the year had fallen short of expectations. Net earnings for Q1 2017 (ended 31 March) were down 6% to $175m (2016: $187m). Grainger is a broad line supplier of maintenance, repair and operating products, with operations in Europe, Asia and […]
Sales up for Fabory and Cromwell owner Grainger
Grainger saw sales rise 2% to $2.6 billion in Q2 2016, however net earnings were down 22% from $221 million to $173 million. Grainger, owner of Fabory and Cromwell, said a “difficult industrial environment” hit the Q2 performance. The quarter also saw some restructuring in Canada and coping with the fallout from the extreme wildfires in […]