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Breaking News

Power Transmission/Motion Control Industry Reports Flat Growth in 2Q

PTDA Business Index down slightly to 50.4 in quarter.
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U.S. GDP Up 1.1% in 2Q

Increase due to positive contributions from personal consumption expenditures and exports.
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Turtle & Hughes Appoints Head of Global Strategic Sourcing

Randy Roessle taking over responsibilities for electrical and integrated supply divisions.
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Durable Goods New Orders Up 4.4% in July

Transportation equipment led the increase, up 10.5 percent.
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Applied Industrial Technologies Launches New Website

Redesigned site aimed to improve customer experience with enhanced e-commerce capabilities.
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KLX Sales Down 5.2% in 2Q

Profit for the quarter increased 29.7 percent year-over-year.
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Valero Energy Partners Agrees to Acquire Oil Storage Services Businesses

Acquisition expands company's presence in the U.S. Gulf Coast.
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Tacoma Screw Products to Open Branch in Central Washington

Company's new store will be 13th in Washington, 19th overall.
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Canadian New Housing Construction Up 8.7% in June

At the national level, higher investment in dwelling types drove the increase.
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Chicago Fed National Activity Index Increases in July

The index's three-month moving average, CFNAI-MA3, increased during the month.
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