As distributors look to modernize their facility equipment, financing is always the biggest question. This Q&A sheds light on what distributors should keep in mind as they consider buying vs. leasing.
As of Sept. 1, Ronen Boneh took over as CEO of Elmo Motion Control, headquartered in Petah-Tikva, Israel.
The Northeast name and management team will remain intact with founder John O'Leary remaining onboard for the next three years.
The transaction is anticipated to close within the next 30 days, subject to customary closing conditions, the company said.
Associates hosted an event at the company’s headquarters and welcomed representatives from six Central Ohio nonprofit organizations.
The academy will be available to about 70 students and includes a partnership with schools and several local industrial companies.
Jenny Vasquez has been promoted to Vice President of Human Resources, according to a company news release.
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