Endries Acquires Alliance Nut & Bolt
It's the third acquisition of the year for Wisconsin-based Endries.
Day: November 1, 2022
MDM Podcast: Jay Platt’s Passion for Learning and Communication
Decades before digital transformation became an imperative, Jay Platt, CEO of BlueVolt and former CEO of Platt Electric, was on a mission to improve how his customers, team members and vendors could access information, whether for training, customer support or building a stronger company culture. He’s still at it.
Fortna and MHS Global to Retain FORTNA Brand Following Merger
Customers will see the new brand as 'a global leader in transformative omnichannel and parcel distribution solutions,' the companies said.
October 2022 M&A Roundup: High-Dollar Deals Mark Busy Month
During the month of October, MDM reported on 28 mergers and acquisitions in the industrial distribution and manufacturing sector. Read about them here.
Despite Rise in Orders, October PMI Slides to Just Above Breakeven
Key sub-indexes of orders, production and employment each rose from Sepember, but were more than offset by declines elsewhere.
Allied Electronics & Automation Announces President Succession
RS Group's chief services officer will act as president of Allied in the interim.
Nonresidential Construction Spending Ticks Up in September
The construction industry had 422,000 job openings in September, according to an Associated Builders and Contractors’ analysis.
Beacon Acquires Coastal Construction in Florida, Adds 2 Other Branches and Launches Mobile App
Beacon will create a new specialty waterproofing division as a result of the acquisition.
Crescent Electric to Acquire Georgia Distributor Lowe
Lowe is expected to continue operating under its current, founder-led management team and will be supported by the Crescent platform.
Earnings Roundup: Kennametal, Columbus McKinnon, Regal Rexnord, AMETEK
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
