Fourth-quarter sales increased 8.8 percent year-over-year.
Latest In Power Transmission/Motion Control/Fluid Power
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.
Fourth-quarter sales increased 3.7 percent year-over-year.
Sales for the first nine months increased 23.3 percent.
Senior VP and CIO Ellen Holladay receives 2018 Wendy B. MacDonald Award
Year-to-date company-wide sales up 3.2 percent.
Distributor reports strong fiscal first quarter, citing double-digit acquisition-related growth.
Mobile Industries up 9.8 percent compared with the same period a year ago.
Hal Midkiff to help grow Process Pumps & Equipment business as product sales manager, company says.
Automotive Group sees 23 percent sales increase while Industrial Groups sales rise 8 percent.
HSC will operate within Motions Conveyance Solutions Group.
Fourth-quarter sales of $301 million reflect strength in companys industrial and energy segments.
Distributor named to Business Journal list of largest privately held companies in Silicon Valley for eighth straight year.
New location will support the North Georgia area.
