The bearings maker said it's eyeing the sale of non-core Aerospace product lines, which include seals, rings and PEDs.
Latest In Motion and Flow Control Products
The change is part of Allied's strategy to 'transform from a products-based business in motion control to a solutions-oriented company.'
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Womack Machine Supply and Morrell Group will combine to create one of the largest automation and fluid power distributors in the U.S.
CIRCOR is a manufacturer of flow control products serving the industrial, aerospace and defense markets.
Crush Bearings and Drives is a distributor of mechanical power transmission and motion control products.
Honeywell has acquired Des Moines, Iowa-based Compressor Controls Corporation from Indicor.
Montratec designs and develops automation and transport systems for interlinking industrial production and logistics processes.
Motion, Genuine Parts Company's industrial segment, achieved sales of $2.3 billion in 2023's first quarter.
Minarro Viseras will drive PST’s global strategy, including all commercial, operations and new product development activities.
FPI has relocated its southern Georgia operations from Alpharetta to Cumming.
The Brecksville, Ohio-based company gains new U.S. leadership, adding one outside hire and promoting another.
Motion, Genuine Parts Company's industrial segment, achieved better than $8.4 billion in 2022 sales.
The industrial manufacturer's impressive October-December period followed a likewise record-breaking third quarter.
Timken has agreed to acquire Nadella Group, a manufacturer of motion technology based in Italy.
Flow Control Holdings, a portfolio company of Audax Private Equity, is expanding into Canada with its acquisition of Andron Stainless.
Backed by Clearlake Capital Group, FloWorks made an acquisition this past August.
Applied Industrial Technologies continued its strong start to 2023 with an impressive fiscal second quarter.
Expanding Holland’s Gulf Coast reach, it’s the company’s sixth acquisition since a 2019 investment by XPV Water Partners.
After its offers to buy all of SPX Flow were rejected, Ingersoll Rand has instead acquired the company's air treatment business.
