Stoney Creek Hydraulics is a manufacturer of hydraulic and pneumatic cylinders and offers repair services to its customers.
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The company reported a slight increase in sales to $1.1 billion, driven by acquisitions, offset by mixed demand trends.
Although sales decreased, the full-year gross margin increased by 70 basis points compared to the previous year, reaching 41.2%.
Year-over-year sales and profit continued to slide at Motion, reflecting challenges in the industrial sector.
The company promoted an industry veteran with 25 years of experience at Fastenal to the newly created position.
Get a complete breakdown of the distributor's September and 3Q financials, which point to a demand uptick for the industrial supply sector.
The company refinanced its debt with a Senior Secured Term Loan B, securing $105 million to support future growth initiatives.
Oxford, AL-based Alabama Industrial Distributors is a distributor of safety, MRO and power transmission solutions.
The Mosher Company distributes and manufactures finishing compounds in the Massachusetts region.
The 1.2 million-square-foot facility is expected to open in 2026, employing about 400 team members within a year.
PTDA expands its membership, enhancing its network with a focus on growth and innovative solutions in the distribution industry.
The distributor appointed an industry veteran to accelerate the growth of its Connected Commerce service and expand fulfillment services.
The report reveals advancements in sustainability reflecting the company’s commitment to its business values.
Ebbert Pacific has experience representing manufacturers in the STAFDA, industrial and construction markets.
Though still soft by Fastenal’s historical standards, August was a rebound from July. Get MDM's full breakdown here.
Marshalltown, which supplies tools to retailers including Home Depot and Lowe's, will enhance its logistics capabilities with a new facility.
Private equity firm Inflexion acquired cutting tool distributor Cutwel to drive growth and enhance its marketing offerings.
The distributor’s full-year total sales increased 1.5% year-over-year, while 4Q sales remained flat.
Perry Atchley takes the metalworking and MRO supplies distributor's newly-created position.
Autobrade provides three key offerings to its customers: Robotic integration; Innovation process improvements; and industry expertise.
