The $8.2B deal increases Emerson’s end market exposure in discrete markets, which will be Emerson’s second largest industry segment.
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For the third quarter, the company reported more than $1.84 billion in net sales, a 2.4% increase over the same period in 2022.
Sonepar celebrated the milestone at their four U.S. Sonepar corporate offices by participating in local philanthropic activities.
The company also said it will soon open a new 90,000-square-foot regional distribution center in Lower Burrell, Pennsylvania.
Year-to-date, however, orders have reached $2.23 billion, 12.6% lower than the first eight months of 2022.
The company said the new facility will complement existing plants and continue its near-shoring efforts to minimize supply chain risk.
According to the union president, leadership decided not to strike at a General Motors factory in Texas, but 25,000 workers remain on the picket line.
Acme is a specialized abrasives manufacturer and provider based in Michigan, and is now Tyrolit's 7th manufacturing plant in the U.S.
The rideshare company says it will charge a flat fee of $5 for the service or $3 for its Uber One members.
Following the closing of the transaction, FW Murphy will become part of the Dover Precision Components operating unit.
Don’s Appliances will continue to operate independently under the Kodiak umbrella, maintaining its brand identity and leadership team.
The month-to-month growth is a considerable rebound from July’s 2.1% decline, according to the latest Census Bureau data.
DSG recently announced the grand opening of its location at 38995 Schoolcraft Road in Livonia, according to a news release.
The ESC logo will 'occupy a prominent location at top center ice for every home game at TD Garden,' the Bruins' home arena.
Michael Bodine and Como’s Florida-based team will continue to lead the Como Propane Division under Palmdale.
Oxywise and Fraserwoods Fabrication & Machining are being purchased for a combined, all-cash price of approximately $26 million.
The management consulting company is looking to run an auction process for a 49% stake, according to Bloomberg.
Manning’s product portfolio includes lumber and trusses, along with custom doors, windows and millwork, and installation services.
The all-cash transaction — which reflects approximately 6.75x proforma adjusted EBITDA — was funded through Greif's existing credit facility.
