September orders expectedly had a boost from the biennial IMTS event, but less than usual.
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DXP expands its reach in the water treatment and vacuum pump markets, with both acquisitions enhancing its product offerings.
September inventories were down 0.2% from August, and down year-over-year.
Operations are expected to begin in the first quarter of 2025.
We won't deploy a newsletter Monday in observance of Veterans Day in the U.S., so it'll be back in action Tuesday morning.
The new facility supports the company’s growth strategy, expands its geographic reach and enhances services in the Pacific Northwest.
While half the size of the September rate cut, it shows further confidence in continued economic growth and eased inflation.
The longtime PT/MC industry sales leader garnered PTDA's Warren Pike Award, which is the association's lifetime achievement honor.
The new executive will build the company’s AI function, which will impact route optimization, robotics and automation.
It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024's closing months.
The company launched a new logo and website as it aims to drive innovation in hydraulic, electromechanical and pneumatic technologies.
PTDA added A&M Supply Inc. and Helix Linear Technologies as its newest members.
The PMA report shows that metalforming manufacturers are approaching the next months with caution, due to economic uncertainty.
The PMI reported the seventh consecutive month of contraction, amid weak demand and cautious investment.
AD added 115 new members in the first nine months of the year, which doesn't include the influx of members from the IMARK Electrical merger.
Optimum was a top customer whose contract expired at the end of June. Excluding that, 1Q sales saw double-digit annual growth.
The company raised its outlook for operating margins, driven by strong performance in its Aerospace Systems segment.
Sterling Heights, MI-based D.F. Burnham is a distributor of hydraulic and pneumatic components.
The company cited a persistent “broader ecosystem inventory correction” causing a challenging market.
