Barnes Group Inc., Bristol, CT, has acquired the assets of the Di-Dro Manifold Systems product line from Di-Dro Systems Inc. The Di-Dro Manifold System product line will be integrated into Barnes Group Inc.'s Associated Spring business segment.
The Di-Dro Manifold System product line is complementary to Associated Spring's Nitrogen Gas Spring Manifold System product line. The addition of the Di-Dro Manifold System product line expands the company's reach in high-quality gas springs for use in diverse industrial applications requiring high force and/or compact dimensions. Applications range from tool and die manufacturers, to industrial robots, to dump trucks to waste compressors around the world.
SKF has agreed to acquire ABBA Linear Tech Co., Ltd., an Asian manufacturer of profile rail guides, based in Taiwan.   ; The ABBA Group has annual sales of about MSEK 250. It is headquartered in Taipei, Taiwan and has facilities in Taiwan and in China.   ; With the addition of ABBA's product range, SKF is reinforcing its position in linear guides. The acquisition is in line with the SKF Group's strategy to strengthen its different technology platforms and to grow in Asia.   ; ABBA will be part of the SKF Actuation & Motion Control business unit within the Industrial Division.   ; More Breaking News European ...
HD Supply White Cap Construction Supply, a business of HD Supply, has agreed to acquire GSI General Materials LLC, a distributor of concrete accessories, forming systems and fabricated rebar.   ; GSI operates two North Carolina facilities and two South Carolina locations, and employs 72.   ; HD Supply White Cap Construction Supply is the construction supply business unit within The Home Depot's HD Supply Division, a distributor of specialty hardware, tools and materials targeting construction contractors.   ; With the addition of GSI General Materials, HD Supply White Cap Construction Supply will operate 160 branches in 27 states.
New Orders New orders for manufactured durable goods in January decreased $17.1 billion or 7.8
percent to $203.9 billion, the U.S. Census Bureau announced in a preliminary release. This followed two consecutive monthly
increases including a 2.8 percent December increase. Excluding transportation, new orders decreased 3.1 percent. Excluding
defense, new orders decreased 7.8 percent. Shipments Shipments of manufactured durable goods in
January, up five of the last six months, increased $0.5 billion or 0.2 percent to $211.4 billion. This followed a 0.5 percent
December increase. Unfilled Orders Unfilled orders for manufactured durable goods in January,
up twenty of the last twenty-one months, increased $1.0 ...
Stockholm, Sweden-based AxIndustries has acquired AB Sverull, a distributor of bearings, transmissions and seals, also based in Sweden.
Sverull has annual sales of SEK 125 million with more than 45 employees  ; at offices in five cities.
After the acquisition, AxIndustries will have annual sales of more than SEK 600 million in bearings, transmissions and seals. It has mroe than SEK 1.1 billion in sales overall. AxIndustries is a part of Axel Johnson International.
Sverull will continue to be run as an independent company in AxIndustries.
Higher electricity and energy prices, as well as metals prices, have led Airgas, Inc., Radnor, PA, to increase prices on packaged and bulk gases, and other products.   ; We are facing rising costs, even though the escalation of the past year has moderated, said Airgas Chairman and CEO Peter McCausland.   ; Prices will increase, on average:
10%-15% for packaged and bulk industrial gases, including oxygen, nitrogen, and argon; acetylene and other fuel gases; specialty gases; process chemicals and rare gases; medical gases; nitrous oxide, carbon dioxide, hydrogen, and dry ice;
15%-25% for helium
Effective immediately, Airgas also will raise rental rates for cylinders and bulk tanks ...
USG Corp, Chicago, IL, announced its specialty distribution subsidiary, L & W Supply, will acquire California Wholesale Material Supply Inc. for $280 million.   ; California Wholesale Material Supply is a distributor of building materials with annual sales of $600 million. It has 30 locations in seven Western states and Mexico and nearly 900 employees.   ; The acquisition is expected to help USG enhance L & W's reach on the West Coast and in the Southwest.   ; L & W Supply contributes about $2.5 billion to USG's annual sales.   ; USG also announced it would build a new plant in northern California to manufacture about 1 billion square feet of SHEETROCK ...
Industrial production decreased 0.5 percent in January after an increase of 0.5 percent in December. Output in the manufacturing sector declined 0.7 percent in January; about one-half of the decrease was a result of a drop of 6 percent in motor vehicles and parts. The output of utilities rebounded 2.3 percent, as temperatures moved back toward seasonal norms, while the output of mines moved down 1.2 percent. At 111.9 percent of its 2002 average, overall industrial output for the month was 2.6 percent above its January 2006 level. The rate of capacity utilization in January fell 0.6 percentage point, to 81.2 percent. Even so, it was 0.1 percentage point above its year-earlier level and 0.2 percentage point above its 1972-2006 average.
Praxair Inc., Danbury, CT, has agreed to buy The Linde Group's industrial and medical gases business in Mexico. Linde's Mexican business operates under the name of AGA S.A. de C.V. The transaction excludes the Mexican assets of the BOC Group, which Linde acquired as part of its acquisition of BOC.
The sale of Linde's Mexican business is part of a mutual agreement between Praxair and Linde under which Linde acquired the Turkey-based industrial gases producer Karbogaz A. S. in July 2006. Karbogaz was formerly a joint venture company between Praxair and Ismail Aytemiz of Istanbul, Turkey.
AGA S.A. de C.V. has sales of about $75 million in fiscal 2006.
The acquisition of AGA S.A. de C.V. will increase our presence in the metropolitan area of Mexico City and place ...
Interline Brands, Jacksonville, FL, reported sales for fiscal 2006, increased 25% to $1.068 billion. Average organic daily sales grew 8.3%.   ; Profit was $31.2 million in 2006, compared with $28.8 million in 2005.   ; The acquisition of AmSan in July 2006 added $129.8 million to the second half of 2006, and the acquisition of Copperfield in July 2005 added $18.6 million the first half of 2006. Average daily sales growth, as a result, grew 25.8% for the year.   ; In the fourth quarter 2006, sales grew 30% to $67.3 million. Average daily sales growth was 29.8%. Average organic daily sales growth was 2.6%.   ; Interline's facilities maintenance market, representing 60% of sales in the fourth quarter, ...