The December PMI report showed a rebound in production and a rise in new orders, showing slower contraction in U.S. manufacturing activity.
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Photoneo is a Kentucky-based developer of AI-powered robotics and 3D machine vision solutions, including the Brightpick line.
The repurchase is expected to begin in the second quarter as part of the company’s strategy to return cash to shareholders.
LECORP is a material processing, handling and environmental solutions provider based in Kentucky.
Hardlines distributor Orgill appointed a new COO, alongside several other executive promotions to strengthen its leadership team.
The new board member will offer new insights to ISA’s mission of strengthening the industrial supply chain.
Aberdeen-based Scot Bearings is a distributor of bearing and power transmission products.
Sonepar sold Vallen Asia to the latter's leadership team in a management buyout, marking the company’s deconsolidation from Sonepar.
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It marks NEFCO’s fifth acquisition of 2024 and its second-largest acquisition to date.
The distributor bought a massive facility adjacent to its current Minooka, IL distribution center, further expanding its warehouse footprint.
The company has purchased a new office building, creating additional space for warehouse expansion and future development.
Review the year and find out which news stories garnered the most attention from our audience in 2024.
Loy Instrument is an Indiana-based supplier of process control and combustion solutions.
OSHA is withdrawing all but one citation issued against the company, while Amazon is required to improve ergonomic conditions throughout its facilities.
The latest data showed a mixed picture, with wholesale inventories down slightly and retail inventories up, while the trade deficit grew.
The company gains 21 new locations across the Front Range of Colorado, western Colorado and northern New Mexico with the acquisition.
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The new facility will serve as one of five distribution centers across the country, with operations expected to begin in summer 2025.
The monthly decrease more than offset the increase seen in October, driven by a decline in transportation equipment.