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In The News:

Breaking News in Wholesale Distribution

Eaton Counterbids Parker Hannifin for Domnick Hunter

Eaton Corporation, Cleveland, OH, has entered into a bidding war for British filtration manufacturer Domnick Hunter plc with rival Parker Hannifin, Cleveland, OH. Parker Hannifin made a cash offer in early August for £215.7 million ...
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Barnes Group to Acquire Service Plus Distributors

Barnes Group Inc., Bristol, CT, has signed a definitive agreement to acquire the assets of Service Plus Distributors, Inc., Bristol, PA, a distributor of gas springs, dampers and hardware to equipment and vehicle manufacturers. With ...
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Valley National Gases to Acquire Reynolds Welding Supply

Valley National Gases Incorporated, Washington, PA, has entered into a formal agreement to acquire Reynolds Welding Supply Company, Inc. and its subsidiaries, Welders Supply Company, Inc. and Twin City Oxygen Company, Inc. The companies are industrial ...
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Hughes Supply to Acquire TVESCO, Inc.

Hughes Supply, Inc., Orlando, FL, has entered into a purchase agreement to acquire TVESCO, Inc., a Tennessee Valley-based distributor of electric utility and electrical products. TVESCO, Inc. distributes transmission and distribution (T&D) and electrical commercial ...
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Strategic Distribution Reports Second Quarter Financials

Strategic Distribution, Inc., Bristol, PA, a provider of maintenance, repair and operating (MRO) supply chain management services, reported revenues for the second quarter ended Jun. 30, 2005 of $33.7 million, compared to $27.4 million for ...
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Motion Industries Awarded by Hormel

Motion Industries, Birmingham, AL, a distributor of industrial maintenance, repair, and operation (MRO) replacement parts, was selected to receive the 2004 Spirit of Excellence Award. This award is presented annually by Hormel Foods to those ...
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Kaman Industrial Reports Strong Second Quarter

Kaman Industrial Technologies, Windsor, CT, reported revenues for its second quarter ended July 1, 2005 were $157.5 million, up 8.4% from $145.3 million for the same period last year. For the first six months of ...
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Parker Hannifin Announces Acquisitions, Strong July Sales

Parker Hannifin Corporation, Cleveland, OH, and the domnick hunter group plc. announced that Parker has agreed to a cash offer for all outstanding shares of domnick hunter. The offer is subject to certain regulatory approvals ...
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Motion Industries Sales Up 12% in Second Quarter

Motion Industries, Birmingham, AL, the industrial distribution business of Genuine Parts Company, Atlanta, GA, reported net sales for the second quarter ended Jun. 30, 2005, were $702.6 million, up 12% from $629.4 million in the ...
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Timken Launches Maintenance Tool Line into U.S. and Canada

 The Timken Company, Canton, OH, hasexpanded its line of maintenance tools from Europe into the U.S. and Canada. The tool line includes induction heaters, hydraulic pullers and impact fitting tools for use in demanding industrial ...
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