U.S. manufacturing activity contracted for a fifth straight month in July, as the PMI fell below expectations to its lowest figure since October 2024.
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As two of America's freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast shipping and reduced competitive alternatives in an increasingly consolidated market. Here are the key details and context distributors should be aware of.
With $4.2 billion in 2024 revenue, Chart makes and designs process technologies and equipment for handling gases and liquids. It previously had agreed to be acquired by Flowserve.
Stanley Black & Decker reported a modest year-over-year sales decline in 2Q, impacted by a slow outdoor season and tariff-related shipment disruptions.
Honeywell reported a healthy increase in overall 2Q sales and provided updates on its planned breakup into three independent companies.
Bashlin is a manufacturer of fall protection equipment, climbing gear and accessories, serving utility customers in North America and internationally.
3M reported 2Q results with organic sales growth across all business units and improved margins, despite a slight decline in net profit.
Snap-on reported flat second quarter sales for 2025, with a slight decline in organic sales offset by favorable foreign currency gains.
SWEPCO is a manufacturer of greases and lubricating oils for industrial and food-grade applications, serving more than 1,000 customers across 80 countries.
Kinco is a manufacturer and distributor of gloves for farm, outdoor and industrial use, with a presence in the ski and snowboard industry.
Ideal Tridon offers over 60,000 SKUs across clamps, strut metal framing, fittings and couplings, serving more than 20,000 customers.
TMIC develops, manufactures and commercialized oil-injected screw compressors, while Adicomp delivers ETO solutions to customers.
Middle market private equity firm Truelink Capital Management acquired maintenance and cleaning manufacturer and distributor Zep.
U.S. manufacturing activity remained in contraction during June for a fourth straight month, but the improvement topped economists' expectations and snapped three straight months of monthly decline.
Stanley B&D announced a leadership transition, with a new President and CEO set to take over as Donald Allan steps into the role of Executive Chair.
New Jersey-based Elgen is a manufacturer and designer of HVAC parts, components, ductwork and structural framing.
Parker Hannifin agreed to acquire Curtis Instruments for $1 billion in cash to expand its electrification capabilities.
GBP is expanding and modernizing its Morrilton, AK facility to create new jobs and improve sustainability with upgraded infrastructure and emissions-reducing technology.
The acquisition enhances Honeywell's industrial equipment portfolio and expands services.
As part of Prysmian’s North American growth strategy, Encore Wire's expansion in McKinney, TX includes a new cable facility set to open in 2027.
