The companies reported strong third-quarter figures, with Watsco and Pool Corp breaking sales records and Snap-On topping $1.1 billion.
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Sales growth at Motion Industries narrowly outpaced that of 2Q, with organic sales driving the majority of it, alongside a continued boost from Kaman Distribution Group.
Envoy Solutions, Imperial Dade and BradyIFS contributed to another very busy M&A quarter for distributors and manufacturers in the industrial, commercial and construction markets.
The metalworking and MRO supplies distributor's fiscal year ended Sept. 3, and its strong momentum bodes well for the greater industrial supplies market.
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It’s designed to connect skilled tradespeople to hiring trades professionals in the construction and home improvement industries.
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Lincoln Electric said the addition will accelerate its Lincoln’s Higher Standard 2025 strategic goal of achieving $1 billion in automation sales.
Industrial Supply said the new facility has more than double the amount of space the company had in its previous location.
The company will acquire Northeast-based Survivor Fire & Safety Equipment and Total Fire & Safety Equipment, collectively Survivor Fire.
The trading brand of RS Group plc, an omni-channel provider of products and service solutions, will rebrand as “RS” to start 2023.
The 'unique partnerships' with global manufacturing leaders brings Parts Town’s master distribution portfolio to 215 programs.
It was another quarter of double-digit sales and profit gains for the industrial supplies distributor, which saw softening demand and tougher year-over-year comparables.
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The company is investing $34 million into a new facility that will house its headquarters and distribution operations.
Schneider plans to install new technology at facilities in Kentucky and Nebraska to improve their efficiency.
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Changes include the appointment of Andrew G. Long as EVP, CEO, products & healthcare services segment, replacing Jeffrey T. Jochims.
Stellar said the deal will give the company 'an immediate and strong market presence in the Rocky Mountain region.'
The deal, which still must be approved by Linde’s board of directors and federal regulators, could close sometime later this year.
This deal is expected to strengthen the company's plans to provide technical expertise and 'relentless' efforts to serve customers.
