The acquisition expands Bostwick-Braun's industrial division.
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ADS will rebrand following the acquisition, according to a news release announcing the deal.
The Center of Excellence aims to help the fastener manufacturer and distributor build relationships with its customers.
An economic slowdown within the next 12 months is looking increasingly likely, according to economists.
When markets soften, surprises tend to be of the negative variety. But downturns can also open up opportunities to strengthen key supplier partnerships. MDM’s Tom Gale and IRCG’s Mike Marks discuss the key performance indicators in supplier relationships that can be either early warning signals or telltales for competitive opportunity across inventory and cash management, backlogs, support and strategic alignment.
The acquisition is MCE's third of 2022 and seventh since 2021.
Oberon designs and manufactures a wide variety of Arc Flash safety products, including suits, face shields and gloves.
The new facility will provide an increase in hydraulic manufacturing, maintenance and inventory services to businesses in the Northeast.
Central Hydraulics operates five locations across Florida, expanding SBP's footprint in the U.S. to approximately 85 locations.
The distributor has added Atlanta-based Georgia Truss and Fayetteville-based Comtech.
Applied continued its investment in the automation industry with its fourth acquisition in that market since 2019.
The new DC significantly expands the company'sfootprint in Canada, while its margin and profit dipped in 3Q despite higher sales.
It's the third acquisition of the year for Wisconsin-based Endries.
Customers will see the new brand as 'a global leader in transformative omnichannel and parcel distribution solutions,' the companies said.
Beacon will create a new specialty waterproofing division as a result of the acquisition.
Sales increased 26% to $55.8 billion through nine months, the independent distributor organization said.
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Sales growth was slower than in 2Q, but Grainger remains on pace to finish 2022 strong.
The expansion will double the paint and coating manufacturer's existing workforce in Statesville, North Carolina.
The acquisition comes roughly a year after the merger between Regal Beloit and Rexnord Corp.
