Tech-Syn is a distributor of seals, O-rings, hoses, fittings and other related products sold to a wide array of industrial customers.
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The company added $780 million in combined revenue from acquisitions during its fiscal 2023, which ended July 31. Find a recap of the distribution giant's financials.
Adhesives supplier Henkel Adhesive Technologies developed an assessment to create transparency on the sustainability of its products.
Amid an escalating antitrust investigation, the company appears to be more cautious about how much money it takes from online sellers.
The United Auto Workers extended its strike to 38 parts distribution centers across 20 states. The centers supply parts to dealerships.
'This achievement is a testament to B&D Industrial's dedication to quality, industry best practices, and exceptional bearing maintenance training,' the company said.
This represents the fifth platform deal closed by Gryphon’s Heritage Fund, the firm’s small-cap fund strategy.
The CA-based operations of Independent Electric Supply will merge into OneSource Distributors, while the AZ-based branches will merge into Quality Electric Distributors.
The United Auto Workers has threatened expanded strikes to additional factories should the standoff with GM, Ford Motors and Stellantis last past Sept. 22.
The official grand opening featured special guests including Sioux Falls Greater Chamber of Commerce members.
The facility includes a fully equipped classroom, a spacious conference room for collaborative learning and a lounge area.
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The Northeast name and management team will remain intact with founder John O'Leary remaining onboard for the next three years.
The transaction is anticipated to close within the next 30 days, subject to customary closing conditions, the company said.
Boise Cascade says its new millwork facility will allow the distributor to expand its offerings of pre-hung doors and other products.
The company says mentorship, education, networking and recognition reflect a 'comprehensive strategy for integrating more women into the industry.'
The company says the facility will optimize supply chain operations, enhance customer service and provide capacity for continued growth.
Nearly 13,000 autoworkers have gone on strike after the union and automakers failed to reach a deal on a new labor contract.
The Chatsworth-based round tool manufacturer provides special solid carbide tools for the aerospace and automotive industries.
A tight labor market, unbalanced federal regulations, and critical policy debates continue to confront the sector, according to a new study.
