We break down the latest key figures out of the Census Bureau’s November report that showed a solid monthly rebound in factory orders - largely driven by nondefense aircraft.
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George Vorwick is a 25-year company veteran and has been CEO since 2009.
Eaton announced plans to spin off its Mobility Group into a standalone public company, sharpening its focus on electrical and aerospace markets.
The bankrupt company said it has begun winding down parts of the business as part of its Chapter 11 restructuring, while continuing to operate and seek buyers for its remaining units.
The hold comes despite pressure from President Donald Trump and the greater administration that includes the Justice Department opening a criminal investigation into Fed Chair Jerome Powell.
The move diversifies Britton Lumber's business into packaging and strengthens its presence in Massachusetts, Rhode Island and Connecticut.
It was the sixth consecutive quarter of year-over-year sales growth in Asia for the electronic components distributor.
AIT added a like distributor with about $20 million in annual revenue, while encouraging financials led to raising the lower end of the company's guidance.
Metalforming manufacturers indicated month-to-month improvement in their January outlook survey for near-term business conditions, incoming orders and shipping levels.
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The new capability is designed to help pros create project material lists within minutes.
World Electric promises faster deliveries, more specialized services and support for vertical markets like solar and EV charging as a result of the new facility opening.
Border States tapped a 15-year company veteran to succeed a planned retirement.
The industrial supplies distributor adds an industry veteran with more than two decades of leadership experience across retail, distribution and building products.
Stanley Black & Decker will return to a non-executive Chairman of Board effective Oct. 1.
The hydraulics & pneumatics distributor adds a veteran with extensive experience at ITT and Parker Hannifin.
They've been in the electrical supplies market since 2009, with a long tenure at Anixter before it was acquired by Wesco in 2020.
Dissan Group continues to expand, completing its sixth acquisition since the start of 2024.
The pending acquisition is set to create a combined company with over $9.5 billion in annual revenue.
It marks the first health and safety bolt-on for Descours & Cabaud-owned Ficodis in over five years.
