Earlier this week, the 40-day strike expanded to a General Motors plant in Texas, where 5,000 workers walked out.
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Domestic M&A activity across all industries was down again, continuing a sequential downward trend that started during the last three months of 2021.
While MSC's June-August quarter ended with strong daily sales growth, it flattened to low-single digits in September and October.
3Q Industrial & Safety sales fell nearly 5% year-over-year amid mixed end-market demand and distributors right-sizing inventory levels.
The surprise walkout comes days after UAW President highlighted the "shortcomings" of Stellantis’ current offer.
Amid the contract shift between employees and employers, Dirk Beveridge explains how today's HR departments can bridge the gap between people and purpose.
The 126,000-square-foot facility has a strategic location with convenient access from 45th Street in Fargo and 9th Street in West Fargo, North Dakota.
It’s just the latest honor the MRO distributor has garnered during its centennial year of operation.
DXP says the transaction provides it with 'operational and financial flexibility to reinvest in the business and pursue its organic and targeted acquisition growth strategy.'
For 3Q 2023, sales in North America were $2.21 billion, an increase of 2.7%, while sales in Europe were $2.38 billion, an increase of 3.4%.
Net sales for 2023's third quarter were nearly $1.16 billion, an increase of $56.8 million, or 5.2%, from 2022 levels.
For 3Q 2023, the company also reported a 9% increase in operating income to a record $257 million.
The agreement will focus on promoting the expansion of BBI’s stainless steel lines, according to a news release.
Sales for Genuine Parts Company's industrial segment were $2.2 billion, up 0.6% from the same period in 2022.
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Sunrise Electric Supply joins Sonepar with over 80 associates, according to a news release announcing the deal.
Violations included employing one child to operate a forklift — a hazardous occupation for workers under 18 — and tasking another child to pick orders in the warehouse.
White Cap's 20,000-square-foot indoor building space is in addition to 1.5 acres of industrial outdoor storage space.
Industrial distributor Vallen was recognized for its "groundbreaking" ESG program, dedicated to building a diverse and inclusive culture.
The proposal was made as part of a consolidation of the group's spherical roller bearing manufacturing to secure competitiveness in Europe.
