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Grainger reported October sales, including fasteners, increased 6%. Excluding acquisitions and foreign exchange, organic sales increased 7%, driven by 6 percentage points of volume growth.

One percentage point increase resulted from sales of Ebola-related safety products.

• Sales in the U.S. gained 7%, Canada 2% and sales Grainger’s businesses segment for Asia, Europe and Latin America – rose 16% in October.

• Beyond the October sales figures, FIN reports on how Grainger intends to increase sales from its European fastener business, Fabory Group.

Grainger purchased Fabory in 2011 with its 120 locations to increase European sales. but income thus far was termed “roughly breakeven.” Grainger plans to cut Fabory costs, including branch “rationalization” and “internal process efficiencies.”

For more on Grainger’s strategy, FIN Subscribers can CLICK HERE.

For more on GlobalFastenerNews.com about Grainger:

• Grainger Stock – FIN Subscribers can click on Fastener Stocks for a summary of the past six years of W.W. Grainger. Nonsubscribers can click on Article Store for the Grainger six-year summary.

• The Fabory acquisition rated in Richard Hagan’s annual Top Ten Fastener Acquisitions for 2011, which is posted in the Fastener History section of GlobalFastenerNews.com: 2012 FIN – 2011 Fastener Acquisitions Near 2010 Level.

• Click on the Fastener History section of GlobalFastenerNews.com for the more on Fabory and Grainger, including:

2011 FIN – Grainger Completes Fabory Acquisition

2006 FIN – Grainger Offering 9 Times as Many Fasteners

2005 FIN – Grainger Reportedly Adding 10,000 Fastener Lines; To Compete Directly with Fastenal