3M has reported fiscal-fourth-quarter sales of US$8 billion, a slight decline of 0.8% from one year ago. Sales in the company’s health care division decreased 0.3% to $2.03 billion and its consumer division saw a 1.6% decrease in sales to $1.24 billion. 3M’s safety and industrial division reported sales of $2.66 billion, a dip of 2.7%, ...
The Tranzonic Cos., parent company of Hospeco Brands Group (HBG), has appointed Joe Vitale chief corporate development officer. Vitale has more than 25 years of professional experience in corporate banking and sponsor-backed portfolio companies. Prior to joining Tranzonic, he led mergers and acquisitions for premium label manufacturer Brook + Whittle. In his newly created role, ...
New York was ranked the top state for Leadership in Energy and Environmental Design (LEED), a green building certification developed by the U.S. Green Building Council (USGBC). The state, which moved up from third place in 2022, certified 4.63 square feet of building space per person under LEED in 2023. The top 10 states, plus the District of Columbia, ...
Tahoe Supply Co. has received certification as a Women’s Business Enterprise (WBE) from the Women’s Business Enterprise National Council (WBENC). To receive WBE certification from the WBENC, Tahoe Supply underwent an in-depth review and site inspection to confirm that the business is at least 51% owned, operated, and controlled by a woman or women. WBENC certification ...
Procter & Gamble (P&G), parent company of Procter & Gamble Professional (P&G PRO), has reported fiscal second-quarter net sales of US$21.4 billion, an increase of 3% from a year earlier. The company reported an operating income of $4.43 billion, a 7% dip from $4.78 billion a year ago. Net sales for P&G’s healthcare division rose 4%, while sales in ...
Sodexo has announced a strategic partnership with The Leapfrog Group, an independent national watchdog organization of employers and other purchasers focused on healthcare safety. According to a press release, Leapfrog’s goal is to improve American healthcare by transparently reporting information on medical errors, accidents, and infections. As a partner with Leapfrog, Sodexo will provide advice ...
Compass Group has agreed to purchase catering and hospitality services provider CH&CO Group Ltd. The purchase of the United Kingdom-based CH&CO is valued at more than US$603 million, including debt, making it Compass Group’s largest acquisition in Europe to date. According to Facilities Management Journal, the deal includes such CH&CO Group brands as Gather & Gather, ...
ISS S/A, parent company of ISS Facility Services, has been awarded a contract extension with international financial services provider Nordea Bank Abp. The five-year extension calls for ISS to provide catering, cleaning, security, and property management services to dozens of Nordea properties throughout the five Nordic countries. ISS has been contracted by Nordea since 1976. “Once ...
Cintas Corp. has been named a recipient of the Network of Employers for Traffic Safety’s (NETS) Road Safety Achievement Award for Overall Road Safety. The annual NETS Road Safety Achievement Award recognizes an organization for advancing the road safety of its employees, their families, and the communities where employees live and work. Cintas was recognized ...
Sofidel has been named a recipient of the Ann Hunter-Welborn Circle of Excellence Award. Presented annually since 2018, the awards program recognizes companies for innovative, socially responsible practices across the industries represented by Hunter Industries’ family of companies. A panel of volunteers consisting of business leaders and executives selected Sofidel was recognized for its Papernet powered by HyTech Seas ...
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