Southwire will relocate nylon cable tie production to Honduras, and its lifts and welding tools production to third-party manufacturers.
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Waterworks and industrial supplies distributor Core & Main's 3Q earnings increased 0.5% due to acquisitions offset by lower end-market volumes.
Modest year-over-year increases in the previous quarter moved to declines in the company's 2024 first quarter, including a 4.9% organic revenue decline year-over-year.
We detail just how much of a hefty sum the six-week strike will cost GM, Ford and Stellantis each in lost profit and revenues.
The alleged conspiracy stretched from January 2021 to April 2023.
Based on lower-than-expected DIY sales, partially offset by positive Pro customer comp sales, Lowe's updated its outlook for the year.
Eagle Mark 4 has expanded its national operations by opening its first distribution location on the West Coast.
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The company said Pro customers outperformed DIY in the quarter, but by the narrowest margin in quite some time.
Pushback has cited the potential for representatives from unions or other organizations to fulfill the proposed third-party inspector role.
Granite Water Works is a distributor of waterworks and subsurface drainage supplies for contractors and municipalities in central Minnesota.
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Companywide, Wajax said 2023 third quarter revenue was $369.13 million (USD), up 8.3% over the same period in 2022.
The company posted 3Q year-over-year sales growth of 5.4%, an impressive rebound from the 3.6% decline seen in 2Q.
The facility, which will open in 2024, spans 30,000-square-feet and offers 'a strategically positioned site,' DSG says.
The company's 3Q YoY sales growth of 8.2% was a considerable slowdown from 2Q’s 16.4%, but still considered strong.
Products manufactured at the campus are typically for original equipment manufacturers (OEM) customers, Avnet said.
This deal marks the seventh acquisition for the company in the past seven years, according to a news release.
