This adds to the $75 million Timken committed in late 2020 to strengthen both its wind and solar capabilities.
Latest In Power Transmission/Motion Control
Despite a sales decline in 1Q, Regal Rexnord CEO Louis Pinkham has high hopes for the manufacturer following its acquisition of Altra Industrial Motion.
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.
Fourth quarter revenue in Wajax's Industrial Parts segment rose 26.9% year-over-year.
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.
Nelson Electric provides electro-mechanical repair services to central Alabama.
The Gaffney plant, which once employed more than 200 workers, had seen its employment numbers dwindle over the years.
The platform allows for the efficient exchange of product information between manufacturers and distributors.
The acquisition of Industrial Service Products expands Ohio-based Triad's presence in Illinois.
DeeTag is a manufacturer and distributor of hydraulic hose and fluid power connections.
Torque Capital Group has acquired MFC Netform, a manufacturer of cold-formed components.
ERIKS ranked No. 4 in MDM’s 2022 Top Hose/Accessories Distributor list.
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.
