The precision tools maker said the move from Waukesha, Wisconsin, was done to be closer to its growing customer base.
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It adds approximately $100 million in revenue to CED.
![Kimball Midwest Newtown Sign[7]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/Kimball-Midwest-Newtown-Sign7-riq0vg0rumped1g9w1pul9fypq42bpx6c67jc4zp38.jpg "Kimball Midwest Newtown Sign[7]")
Kimball selected Newtown, Connecticut for its strategic location.
Builders FirstSource Executive Vice President Dave Rush has been appointed interim CEO while a search for a permanent successor is conducted.
The new US LBM facility will focus on roofing and siding, the company said in its announcement.
Nick Falgiatano, who currently serves as a regional sales manager with Sandvik Coromant, will assume his new role Dec. 1.
After surpassing its pre-pandemic level in September, backlog is now back below the reading observed at the start of the pandemic, according to ABC.
Jose Munoz held several positions with AMETEK prior to his promotion.
The transaction brings Envoy's total number of transactions in 2022 to 20.
Jerome Bobinet will oversee all PIP business activities in Europe, the Middle East and Africa, the company said.
The distributor has also enacted a handful of other cost-cutting actions as homebuilding has soured throughout 2022.
ADS will rebrand following the acquisition, according to a news release announcing the deal.
The content at PTDA’s Annual Summit in late October went heavy on recruiting and retaining best practices. Here, Mike Hockett chats with association CEO Ann Arnott to discuss key takeaways from the event, which included the nontraditional methods distributors can leverage to find and keep needed staff in a time when labor is hard to come by.
Kelly Evans retired effective Nov. 1, and the fasteners and packaging supplies distributor has named his successfor.
The acquisition is MCE's third of 2022 and seventh since 2021.
Oberon designs and manufactures a wide variety of Arc Flash safety products, including suits, face shields and gloves.
The new facility will provide an increase in hydraulic manufacturing, maintenance and inventory services to businesses in the Northeast.
Central Hydraulics operates five locations across Florida, expanding SBP's footprint in the U.S. to approximately 85 locations.
The distributor has added Atlanta-based Georgia Truss and Fayetteville-based Comtech.
Applied continued its investment in the automation industry with its fourth acquisition in that market since 2019.
