Gateway has annual sales of approximately $180 million and serves approximately 4,000 customers from 15 locations.
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The Winsupply Support Services campus in Moraine, Ohio, continues to expand with the purchase of two additional properties.
The 2Q period follows the company's February-April period, in which sales slid 1.5% YoY and increased 49.2% sequentially.
Cutting tool supplier Star Cutter Co. acquired Tru Tech CNC grinding systems from New Hampshire-based Resonetics.
FloChem is a distributor of commodity and specialty chemical solutions from North American manufacturers.
In 2023, Beacon has expanded its branch footprint through the completion of seven acquisitions and 14 new greenfield locations.
The U.S. Department of Energy announced opportunities to help manufacturers retool existing factories and transition to electric vehicles.
Mike Braucher previously served as Vice President of Sales for North American Industrial Products for Continental.
The new plans are expected to support the growing western Pennsylvania and Eastern Ohio markets.
On Sept. 1, the Industrial Supply Association promoted Brendan Breen, formerly the association’s President, to CEO.
Des-Case's revenue for the calendar year 2023 is expected to be around $40 million, according to a news release.
The addition will increase Singer Industrial’s North America footprint to approximately 90 locations with more than 1,200 employees.
The company again marks its centennial celebration by acquiring two providers of bearings, power transmission and industrial motion products.
The rule would raise the salary threshold for guarantee overtime pay from its current $35,668 to $55,000 and include a future provision.
It's the distributor's second deal in as many months, further boosting its Industrial Parts and Engineered Repair Services business units.
As HVAC Division President, John MacQuarrie will be responsible for growing the division including the Duro Dyne and SUPCO brands.
The company named Austin Walker sales director and Zachary Moncrieff inside sales representative.
In a WARN notice, the company said it expects 155 people to be affected by the permanent layoffs.
MDM reported on 40 mergers and acquisitions among industrial distributors and manufacturers in August, the most since April.
AS&P expands Marco’s product depth and customer base while providing incremental growth opportunities across existing end-markets.
