Thirty-five-year company veteran Ellen Rebne will succeed fellow longtime sales EVP David Maxwell on June 1.
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Wisconsin-based Palmer Johnson Power Systems is a distributor of drivetrain components for industrial off-highway and marine markets.
The parcel delivery giant's $9 billion "Network of the Future" initiative will involves 63 sortation sites with major automation projects.
The company noted that while 2Q sales were disappointing, gross margin improvement stemmed from internal improvements.
It was the eighth time the company has been cited for safety violations since 2013.
Driving in Manhattan is about to become much more expensive for cars and trucks.
The distributor has added United Roofing Supply Katy, TX and All Canadian Building Products in Surrey, BC.
It marks a further strengthening of the St. Louis-based distributor's HVAC unit.
Tarak Mehta, currently President of ABB’s Motion business, is set to become Timken's President and CEO on Sept. 5.
A modest February increased followed a January that had the sharpest one-month decline since April 2020.
It follows the news that the distributor is selling its wholesale hardware unit to House-Hassan.
Dave Calhoun's decision to resign follows manufacturing issues that have raised safety concerns and forced the company into the spotlight.
The buying group's quarterly membership survey showed considerable optimism among distributors despite potential headwinds later this year.
The master distributor also appointed managers for the Enterprise division of its newly-formed Communications business unit.
The distributor has merged its Air Supply and Industrial, Automation and Finishing business units into a new branch just outside of Cleveland.
In Dominion, Border States gains an electrical distributor that has nine branches, over 300 employees and $374 million in annual revenue.
Meanwhile, the U.S. central bank maintained the federal funds interest rate for a seventh-straight month.
The shuttered multifamily property maintenance supply distributor's Phoenix DC contents are live for online bidding through March 21.
It enables the secure transmission of intellectual property to different locations, ensuring quality assurance and controlled distribution.
The significant expansion gains Sonepar 36 locations across Michigan and approximately $400 million in combined 2023 revenue.