MCE Acquires Lone Star Machine Works
Motion & Control Enterprises reached a deal with the provider of hydraulic repair, precision machining, welding, and fabrication services.
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2022
Descartes 1Q Revenue Tops $116M for FY ’23
The Ontario, Canada-based logistics provider says fiscal 2023 1Q revenue was up 18% from the previous-year quarter.
Descartes 1Q Revenue Tops $116M for FY ’23 Read More »
What Manufacturers Can Learn from Fastenal’s Go-to-Market Strategy
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Alaska Rubber Group Acquires Industrial Supply Inc.
The deal is expected to expand Alaska Rubber Group branch locations to 12 across Alaska, Washington and Oregon.
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US LBM Acquires Truss Fab
The distributor acquired the manufacturer of structural roof and floor trusses, wall panels and supplier of lumber to customers in the Southwest U.S.
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AD to Merge with Torbsa
AD and Torbsa Limited, a building supplies buying group in Canada, have agreed to merge, with an effective date of July 1.
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Stanley Black & Decker Names New CEO
In addition to the leadership announcement, the company plans to invest up to $250 million in supply chain productivity.
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Aignep Acquires Alpha Technologies
Alpha Technologies is a subsidiary that has been ‘successfully distributing Aignep products’ in North American for years, Aignep said.
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Lane Supply Acquires Air Center, Inc.
The acquisition is expected to expand Lane’s presence within the Midwest and enhance its service offerings, the company said.
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Allied Motion Acquires FPH Group
The company says it acquired FPH, a developer of electrical drive systems and light weighting technologies for defense vehicles.
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Field Fastener Names New President and EVP
The inventory management supplier says Chris Pauli will be promoted to executive vice president and CFO.
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Timken Completes Spinea Acquisition
The bearings and power transmission company says it finalized its deal with the and manufacturer of cycloidal reduction gears and actuators.
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Distributors’ Summer Supply Chain Outlook
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Darragh Acquires Service Construction Supply
The commercial construction supply distributor announced the asset purchase of Service Construction Supply and its two locations.
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Epicor Announces ERP Cloud Portfolio Updates
The enterprise software provider this week introduced a variety of new features across the latest release of its ERP Cloud portfolio.
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RBC Fiscal 4Q Sales Up Nearly 124%
The company reported fiscal 2022 fourth-quarter net sales of $358.9 million and gross margin of $137.5 million.
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Allied Motion Acquires ThinGap
The designer and manufacturer of precision and specialty-controlled motion products and solutions completed the deal announced May 9.
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NAHAD Distributor, Supplier Leaders Discuss How They’ve Handled Labor Pains
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Mazak Makes Distribution Changes
The company announced new distribution in Northern Ohio, Virginia, Southern West Virginia, North Carolina and South Carolina.
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Kaman Corp. Reaches $440M Deal With Parker-Hannifin
Kaman announced it will acquire Parker’s aircraft wheel & brake division for $440 million.
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