Johnson Controls Joins Amazon’s Climate Pledge
The commitment to reach net-zero carbon emissions by 2040 aligns with the company’s mission to preserve the environment in part by helping to deliver energy efficiencies to customers.
February 17, 2021
Industrial Production Up 0.9% in January
According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 1% during the month, about the same as its average gain over the previous five months.
NOW Inc. Sales Nearly Cut in Half in 2020
NOW Inc., which reported a loss of $427 million for the year, also saw revenue sink 45.1% in in 2020.
Krayden Acquires Northern Composites
All Northern Composite employees are staying on and the company will continue to operate at its existing facilities in Hampton, New Hampshire (headquarters), and Greensboro, North Carolina.
KKR to Acquire Flow Control Group from Bertram Capital
Flow Control Group serves more than 10,000 customers and 2,000 suppliers in North America for technical flow control and industrial automation products and related services.
Lawson Products Announces Board Appointment
MRO distributor names Bianca Martinez Rhodes as director, expanding the company’s board to eight members.
Motion Sales Dip 3.3% in 4Q
Genuine Parts Co., the parent of Motion, reported that the distributor’s 4Q sales of $1.4 billion were down 3.3% year-over-year and represented 34% of the company’s revenues in the period.
