Packer said the project represents a key step in the company's broader AI roadmap, which aims to expand automation and digital tools across the company.
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The new financing will build inventory and support ongoing growth and working capital needs for Gehr.
ACS expands its Midwest footprint and capabilities with the purchase.
It will position Parker as of the largest global industrial filtration businesses and significantly expand aftermarket capabilities and offerings.
It involves two new distribution centers that span nearly 1 million square feet and the expansion of another.
The company promoted its former customer service leader and longtime Codale veteran as its new president.
Despite strong growth in order values, the number of units ordered continues to grow at a slower pace.
EMCO founder Edward Polen will retire upon completion of the transaction.
SupplyOne expands its footprint and bolsters its digital printing capabilities.
This is the second acquisition for Shorehill Capital-owned Ascent Lifting this year and its fourth overall since its 2022 founding.
Strong sales continued in July-September, during which the company completed another acquisition before two more in October-November.
Two new Central Distribution Centers will support QED’s transition to a centralized logistics model.
Comprised essentially entirely of legacy Beacon, top-line sales narrowly trailed those of a year earlier, while adjusted EBITDA margin improved sequentially.
Ireland/Iceland becomes Rubix's second-largest regional market, and the company announced another tuck-in acquisition on Nov. 7.
Annual growth in sales is primarily due to price increases being passed through.
It creates an industrial PVF supply powerhouse with an enterprise value of about $3 billion.
It was the fourth straight month that Fastenal saw its daily sales rate grow by double digits year-over-year, powered by pricing actions in Q2-Q3 of this year.
The company saw modest year-over-year revenue growth at both its ADI and P&S business units.
The acquisition of Hotsy of Boulder expands Watts Steam Store’s presence across Northern Colorado.
NATS' 19 distributor members and over 60 suppliers will join HDA’s group of over 50 member distributors and 400 manufacturer partners.