QXO issued a separate release extending its all-cash tender offer to acquire outstanding shares to April 28.
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U.S. cutting tool consumption declined in February compared to both the previous month and the same month last year, reflecting ongoing market uncertainty.
Our roster of 20 honorees announced in late March. Here, we profile each of these deserving leaders who will likewise be recognized at MDM’s SHIFT Conference in May. By popular demand, we've made this article free after initially publishing it as a Premium exclusive.
Manufacturers Alliance Resource Network expanded its representation of automation and control solutions across the Mid-Atlantic region with the agreement.
Lennox is expanding its distribution and training infrastructure in the Dallas-Fort Worth area with new facilities to support growth and enhance customer experience.
The firm appointed a new CFO to lead its financial operations across the U.S. and Europe, bringing 25 years of private equity experience to the role.
New England-based Siri Wire is a manufacturer and distributor of stainless steel wire products, used in applications such as filters screens and washers.
The March report showed a month-to-month decline in housing starts but an annual increase, with permits and completions also showing mixed trends.
ABB announced plans to spin off its robotics division in its largest portfolio shift since 2018, aiming for a separately listed entity in 2Q26.
QXO announced a public stock offer to support its planned acquisition of Beacon Roofing Supply as part of its broader growth strategy.
Snap-on reported a year-over-year sales decline in 1Q, with mixed performance across its business units and pressure from foreign currency impacts.
Cobourg Welding Supply is a distributor of industrial, safety and welding equipment, as well as gases to customers across eastern Ontario.
QXO appointed a new Chief Technology Officer, effective April 21, bringing experience from top tech companies.
Based in Minnesota, Midwest Specialty Products distributes countertop and surface solutions to a range of customers
Based in Minnesota, APPLIED Adhesives is a distributor and manufacturer of hot-melt, water-based and structural adhesives.
U.S. industrial production fell in March, reversing February’s sharp gain and missing market expectations amid a drop in utility output.
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
Ingersoll Rand acquired G&D Chillers and Advanced Gas Technologies to strengthen its chillers and gas generation offerings in North America.
Based in Florida, Capital distributes and services metal fabrication machinery for manufacturers across the Southeast and Midwest U.S.
Based in Illinois, IRMCO is a supplier of oil-free lubricants for metal forming and tube bending, serving the HVAC, construction and automotive industries.