The transaction advances Timken's strategy of focusing on growing its leadership position in engineered bearings.
September 16, 2019
In denying Essendants motion, the court sided with GPC in its contention that Essendant failed to meet its contractual obligations.
A lack of financing, experience and access to talent often keep distributors from engaging in e-commerce, a recent MDM survey found. But having an online sales channel is critical to new customer discovery, MDMs John Gunderson said in a recent webcast, with more than 80% of distributors expecting their online presence to grow moderately or significantly in the next five years.