Aerospace Powers Allied Motion’s 35% 4Q Revenue Jump
For all of 2022, revenue was $503 million an increase of 25% over 2021, Allied said in its recent earnings announcement.
Aerospace Powers Allied Motion’s 35% 4Q Revenue Jump Read More »
2023
Precision Aviation Group Acquires MRO Services Provider PTB
PTB Group joins Precision Aviation Group’s engine services division.
Precision Aviation Group Acquires MRO Services Provider PTB Read More »
China Exports Continue Slump in Jan-Feb
Exports dropped for a 4th straight month amidst continued weakness in foreign demand, according to China’s General Administration of Customs.
China Exports Continue Slump in Jan-Feb Read More »
Saw Blades Maker M. K. Morse Hit by Ransomware Attack
The incident “may have impacted personal information and protected health information belonging to certain individuals,” the company said.
Saw Blades Maker M. K. Morse Hit by Ransomware Attack Read More »
MDM’s Spring 2023 Industry Events Preview
As Mike Hockett looks forward to another busy spring travel season, get a rundown of the in-person events on MDM’s radar over the next few months.
MDM’s Spring 2023 Industry Events Preview Read More »
Hitachi Partnership Propels Wajax to Record Revenue in 2022
Fourth quarter revenue in Wajax’s Industrial Parts segment rose 26.9% year-over-year.
Hitachi Partnership Propels Wajax to Record Revenue in 2022 Read More »
Hillman Reports Slight 2022 Sales Growth Despite Losses
Net sales for 2022 increased 4.2% to $1.49 billion, compared with $1.43 billion in the prior-year period, Hillman reported.
Hillman Reports Slight 2022 Sales Growth Despite Losses Read More »
SRS Distribution Acquires Exteriors Inc. in Kentucky
Exteriors Founder Samir Rastoder will continue to lead the company’s dedicated team, SRS said in a release announcing the deal.
SRS Distribution Acquires Exteriors Inc. in Kentucky Read More »
Ferguson Fiscal 2Q Sales Growth Decelerates
The deceleration was expected after Ferguson posted 16.6% year-over-year sales growth in 1Q.
Ferguson Fiscal 2Q Sales Growth Decelerates Read More »
Martin Inc. Adds Another Former Optimas Exec to Fastening Unit
That new VP is the second former Optimas Solutions executive Martin has hired in its Fastening unit this year.
Martin Inc. Adds Another Former Optimas Exec to Fastening Unit Read More »
Shorehill’s Ascent Lifting Makes 1st Acquisition: Cargo Control USA
Cargo Control said the deal will significantly expand its level of service and product offerings available to customers.
Shorehill’s Ascent Lifting Makes 1st Acquisition: Cargo Control USA Read More »
International Paper Marks 125th Anniversary with Rebranding
International Paper said its rebrand aligns with its strategic vision to “build a better IP.”
International Paper Marks 125th Anniversary with Rebranding Read More »
Poll Results: Could a Four-Day Workweek Work in Distribution?
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Poll Results: Could a Four-Day Workweek Work in Distribution? Read More »
Premium Monthly: M&A, Nearshoring & Less Economic Fear Lead February Content
During February, mergers and acquisitions continued to be a prime topic, thanks in part to MDM’s 2023 Virtual M&A Summit.
Premium Monthly: M&A, Nearshoring & Less Economic Fear Lead February Content Read More »
Dutch Company Signify Acquires Intelligent Lighting Controls
ILC, which was founded more than three decades ago, will continue to be headquartered and maintain its manufacturing in Edina, Minnesota.
Dutch Company Signify Acquires Intelligent Lighting Controls Read More »
Fastenal Sees 9.6% Daily Sales Growth in February
It was a deceleration from January’s 11.2% growth, but another solid month nonetheless.
Fastenal Sees 9.6% Daily Sales Growth in February Read More »
EFC Int’l Acquires Fellow Fastener Distributor ISC in St. Louis
Inventory Sales Company (ISC) is a distributor of Class-C parts with a focus on fasteners and strut accessories.
EFC Int’l Acquires Fellow Fastener Distributor ISC in St. Louis Read More »
Descartes Fiscal 2023 Revenue Up 14% Over Prior Year
Fiscal 2023 4Q revenue was $125.1 million, up 11% from $112.4 million in fiscal 4Q 2022, the company said.
Descartes Fiscal 2023 Revenue Up 14% Over Prior Year Read More »
Crawford Electric Expands Relationship with Schneider Electric
Sonepar subsidiary Crawford will now support Schneider Electric’s Square D products at locations in Texas and Louisiana.
Crawford Electric Expands Relationship with Schneider Electric Read More »
Building Controls & Solutions Acquires Minvalco
The deal marks Building Controls & Solutions’ sixth acquisition in the past four years, according to an announcement.
Building Controls & Solutions Acquires Minvalco Read More »
