Latest In Power Transmission/Motion Control/Fluid Power
Snake River Supply has four locations throughout southern Idaho.
Fourth-quarter sales up 5.7% year-over-year.
Manufacturer awards $540,000 in college scholarships to children of Timken employees.
Manufacturer reports $406 million in sales in Q4; finishes 2018 with $1.6 billion in sales.
Firm names Mike Gallant senior VP of manufacturing, industrial sector.
The newly appointed Board members are Stephen Earley and Michael Groft.
Fourth quarter sales increased 2.7 percent year-over-year.
Company reports strong fourth quarter and full-year performance in 2018.
Fourth quarter sales increased 11.2 percent year-over-year.
Power management company names Christine Barman chief technology officer for its Industrial Sector.
The acquisition expands the company's presence in south Germany, Austria and Switzerland.
Fourth-quarter sales increased 8.8 percent year-over-year.
Companys fiscal second-quarter 2019 sales rise 26 percent to $840 million.
Ready Bearing will fill a key market for Purvis in West Texas.
Deal expands power transmission distributors reach into New York and Pennsylvania.
The company has signed an umbrella agreement with the LU-VE Group to sell parts of its air heat exchanger business.
Manufacturer says it will sell its highly engineered drives and controls systems business to an affiliate of Sun Capital Partners.
The divestment will have a positive effect on the operating result for the Swedish manufacturer in the fourth quarter.
The acquisition will form SBPs foundation in the fluid power repair and services industry.
