The new facility is set to offer specialized handling for sensitive products available by early 2025.
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The company attributed its decline in sales to a challenging demand environment and continued softness in its core customer base.
Stoney Creek Hydraulics is a manufacturer of hydraulic and pneumatic cylinders and offers repair services to its customers.
The company attributed the profit decrease to continued investments in its business transformation.
The company's overall sales decrease was attributed to SBD's Infrastructure divestment earlier this year, and lower consumer demand.
The company enhanced its offerings across its business and marketplace with the addition of new products and supplier partnerships.
CRC is a distributor of polymer sealing solutions and related services.
Fort Worth, TX-based Cohn & Gregory is a distributor of pipes, valves, fittings, flanges and other industrial products.
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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%.
NEFCO strengthens its Texas presence with the acquisition and expands to 43 branch locations in the U.S.
Southern California-based Triumph Geo-Synthetics is a geosynthetics and erosion control solutions distributor.
The company’s 3Q results showed stronger unit sales and digital growth, despite slight decreases in gross and operating margins.
PTDA and BSA expanded PIE, a product information platform for industrial manufacturers and distributors, to 32 offerings.
3M reported a 1.0% year-over-year increase in organic growth.
Rexel posted modest U.S. sales growth, reflecting strong performance in core electrical distribution despite weather-related challenges.
Freshwater Farms is a distributor of hardscapes, bulk materials and nursery products.
Year-over-year sales and profit continued to slide at Motion, reflecting challenges in the industrial sector.
Chem Arrow is a California-based supplier of lubricants to the HVAC market.
