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In The News:

Breaking News in Wholesale Distribution

Allied Motion Acquires TCI, LLC

Manufacturer acquires Wisconsin-based company for $64.1 million.
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SKF to Consolidate Aerospace Manufacturing in Europe

Company proposes closing UK manufacturing site in Stonehouse, England.
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PFERD Names President - Americas

Mariano Presas will succeed Gene Huegin.
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Regal Beloit to Sell Business Segment

Manufacturer says it will sell its highly engineered drives and controls systems business to an affiliate of Sun Capital Partners.
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ABC Supply Receives Employee Choice Award

Glassdoor recognizes distributor as one of the best places to work in 2019.
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Sealed Air Names General Counsel

Angel Willis appointed VP, general counsel and secretary, effective January 7.
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U.S. LBM Holdings Acquires Deering Lumber

With this acquisition, U.S. LBM now has five locations throughout Maine.
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HD Supply’s Q3 Sales Reach $1.6 Billion

Distributor reports 18 percent sales increase overall, 30 percent increase in construction and industrial business.
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Singer Equities Acquires Connectall Ltd.

Acquisition is headquartered in Laval, Canada.
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Connexion Agrees to Purchase Van Meter’s Chicago Location

The site will serve as Connexion’s fourth stocking location.
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