ISM: Manufacturing Sector Down Slightly in July
The July Manufacturing PMI registered 59.5%, down 1.1 percentage points from the June reading of 60.6%, according to the latest ISM report.
August 2, 2021
July M&A Roundup: More Big Moves in the Building Materials Sector
The building and construction vertical saw a handful of deals announced last month, including three acquisitions from US LBM Holdings.
Cardinal Health Completes Sale of Cordis Business to Hellman & Friedman
Previously announced, Cardinal Health is unloading the business for $1 billion.
Ingersoll Rand Completes Acquisition of Maximus Solutions
Maximus Solutions is a Montreal, Quebec-based provider of digital controls and Industrial Internet of Things (IIoT) production management systems for the agritech market.
Timken Posts Record Sales in 2Q
Timken reported net income of $104.8 million in the second quarter versus net income of $61.9 million in the same quarter a year ago.
June Construction Spending Up 8.2% Year-Over-Year
Construction spending for the last month of the second quarter was also up 0.1% from the previous month of May.
AD Members Sales Increase 30% in First Half of 2020
Purchases by member companies from AD supplier partners were up 34% over the same period.
