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In The News:

Breaking News in Wholesale Distribution

Alfa Laval Agrees to Divest the Majority of its Greenhouse Division

The company has signed an umbrella agreement with the LU-VE Group to sell parts of its air heat exchanger business.
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HARDI Distributors Report 21.7 percent Sales Increase in October

Annualized growth through October was 10.9 percent.
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Endries International Acquired by MSD Partners, L.P.

Endries will continue to be led by CEO Steve Endries.
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The Conference Board: ETI Down Slightly in November

Outlook calls for moderating employment growth in 2019.
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Canadian Building Permits Down in October

The decrease was mainly attributable to lower construction intentions for industrial and institutional buildings.
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ISM Semiannual Forecast: Economic Growth to Continue in 2019

17 manufacturing industries expect revenue improvement in 2019 compared with 2018.
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Timken Awards $145K in Scholarships

Seven high school seniors win academic scholarships from TimkenSteel Charitable Fund.
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October Sales for Wholesale Trade Decrease 0.2% From September

Sales increased 6.8 percent from the same month last year.
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Manufacturing Employment Grows by 27,000 in November

Overall employment grew 155,000 in November, while the unemployment rate remained unchanged at 3.7 percent.
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Allied Motion Acquires TCI, LLC

Manufacturer acquires Wisconsin-based company for $64.1 million.
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