Womack Machine Supply and Morrell Group will combine to create one of the largest automation and fluid power distributors in the U.S.
Latest In Power Transmission/Motion Control/Fluid Power
MCE has now made 10 acquisitions since January 2021.
The partnership signifies a 'shared commitment to continuous improvement' and mutual growth, IDCO says.
Crush Bearings and Drives is a distributor of mechanical power transmission and motion control products.
India-based Sak Abrasives is expanding its presence in the U.S. with the acquisition of Jowitt & Rodgers.
This adds to the $75 million Timken committed in late 2020 to strengthen both its wind and solar capabilities.
Despite a sales decline in 1Q, Regal Rexnord CEO Louis Pinkham has high hopes for the manufacturer following its acquisition of Altra Industrial Motion.
Smulski and Hill both have previous experience as sales leaders with Danfoss.
Norcan is a distributor of fluid power and pneumatic products with eight locations across western Canada.
The increase reflected organic sales growth of 10.1% for the Swedish bearings manufacturer.
The rebrand took effect in early March.
PTDA will host member power transmission/motion control distributors and manufacturers in Ottawa, Canada.
Singer Industrial, formerly SBP Holdings, made its first acquisition of 2023 after making several bolt-ons in 2022.
Rich Holderman has 38 years of experience in the belting industry, including a previous stint with ERIKS.
Fourth quarter revenue in Wajax's Industrial Parts segment rose 26.9% year-over-year.
The Brecksville, Ohio-based company gains new U.S. leadership, adding one outside hire and promoting another.
The campaign supports power transmission/motion control industry employers to be more successful in their recruitment and retention efforts.
The acquisition is MCE's eighth since 2021.
Dynabrade has expanded the scope of its vertical integration by acquiring one of its strategic suppliers, Global Abrasive Products.
Applied Industrial Technologies continued its strong start to 2023 with an impressive fiscal second quarter.