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MRO
Page 3

Latest In MRO

Grunge Concrete Texture Background: Industrial Weathered Stone W

2024 MRO Market Trends: Navigating Through Change

With a market size estimated at $907 billion in 2024, the MRO industry continues to be a critical component of the U.S. economy. In this year's U.S. MRO Market Trends Report, we define a market that has demonstrated remarkable resilience amid global economic fluctuations.

November 26, 2024

Applied Industrial Technologies Acquisition

Power Transmission/Motion Control

Fluid Power Shakeup: Applied to Acquire Hydradyne

It will combine the Nos. 1 and 10 companies on MDM’s 2024 Top Distributors List for Fluid Power.

November 25, 2024

Cutting Tools, Canva Via Fertnig, GettyImages

MRO

September Cutting Tool Orders Fell 10% MoM

Consumption decreased month-to-month, following a healthy gain in August.

November 22, 2024

New markets and overhauled operations are producing major dividends at leading distributors DXP Enterprises, NOW Inc. and MRC Global.

Power Transmission/Motion Control

DXP 3Q Sales, Profit & EBITDA Rise in 3Q

Each of DXP's three business segments likewise improved year-over-year and sequentially.

November 6, 2024

MRO

Grainger Posts 4% Organic Growth in 3Q Amid “Slow but Steady Market”

The organic gain outperformed compared to other industrial distributors in the July-September period.

October 31, 2024

Manufacturing

Stanley Black & Decker Posts 3Q DEWALT Growth, Consumer Decline

The company's overall sales decrease was attributed to SBD's Infrastructure divestment earlier this year, and lower consumer demand.

October 29, 2024

Manufacturing

3M Safety & Industrial Organic Sales Tick Up in 3Q

3M reported a 1.0% year-over-year increase in organic growth.

October 22, 2024

MRO

Monthly U.S. Cutting Tool Orders Up 9% in August, Down 4.5% YoY

U.S. cutting tool consumption hit $209.3 million in August 2024 amid ongoing market challenges and uncertainty for 2025.

October 16, 2024

MRO

Global Industrial Inks Marketing Deal with NHL’s New York Islanders

The company launched a multi-year marketing deal to enhance brand awareness and support community initiatives.

October 8, 2024

MRO

DSG’s Gexpro Services to Acquire Distributor in SE Asia

Gexpro will add Singapore-based Tech Components Resources, a distributor of fasteners mechanical components and other industrial products.

September 26, 2024

MRO

Monthly Cutting Tool Orders Down 7.8% in July

However, orders rose 1.7% year-over-year.

September 20, 2024

MRO

Motion Opening Houston Repair Shop

Motion expanded its service capabilities by opening a new repair shop in Houston, enhancing support for industrial customers in the region.

August 26, 2024

MRO

BlackHawk Acquires Tri-State Industrial Supplies Near Philadelphia

BlackHawk expands its footprint in the Mid-Atlantic market with the deal.

August 21, 2024

Power Transmission/Motion Control

BSC Industries Acquires Warren Pike in MA

BSC expands its customer base with the acquisition of bearings and power transmission distributor Warren Pike.

August 20, 2024

Metals Service Centers

June Cutting Tool Orders Fall 2.9% MoM, 4.2% YoY

The latest AMT report shows a decrease from May and a 4.2% decrease compared to the same period a year earlier.

August 14, 2024

MRO

Motion to Acquire LSI Supply in Ontario

Motion broadens its position in eastern Canada with the acquisition of Canada-based LSI and its sister company.

August 14, 2024

Power Transmission/Motion Control

DXP Sales Rebound YoY, Accelerate Sequentially in 2Q

Gross margin and adjusted EBITDA likewise both improved year-over-year.

August 12, 2024

MRO

Wajax’s Industrial Parts Sales Slide 5% in 2Q

The company’s total 2Q sales fell 3.1% — which improved sequentially from a 6.5% decline in 1Q.

August 9, 2024

MRO

ORS Nasco Sold from One Equity Partners to Wynnchurch Capital

ORS Nasco's ownership changes hands from one private equity firm to another.

August 8, 2024

MRO

Grainger Posts 3.1% Sales Growth in 2Q, Lowers Outlook

CEO D.G. Macpherson noted a "slow, but generally stable" demand backdrop.

August 1, 2024

Page1 Page2 Page3 Page4

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