This is the second acquisition in five days for the drivetrain products distributor.
Latest In Power Transmission/Motion Control
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The addition of New Jersey-based Power Rite Products further expands Solve's power transmission solution capabilities.
The Power Transmission Distributors Association adds CinchSeal Associates and Canals.
The engine maker's move will result in the lay off of more than 600 FedEx Supply Chain workers at adjacent Cummins DCs in Memphis by the end of October.
The addition of a fellow bearings and power transmission products distributor will expand BSC's product access and enhance service delivery.
Aussie Adaptors & Hydraulics P/L is a distributor of adapters, quick release couplers, ball valves and other fluid transfer products.
PTDA announced the addition of two new distributor members, P&G Machine & Supply and Specialty Hose Xpress, and one new manufacturer member, Marathon Electric.
Applied reported a solid end to fiscal 2025, with improved demand and a return to organic growth led by its Engineered Solutions segment.
Based in New Mexico, Southwest Seal & Supply is a provider of sealing, hydraulic hoses, fittings, couplings/connectors, gasketing and fluid control products.
OTC has added two southeast Pennslyvania companies — Fleetwood Industrial Products and its partner supplier P-M Industrial.
Full-year sales were flat annually, but the company saw orders improve across all divisions in 4Q.
The distributor completed two deals in the first half of the year and one right after, following seven in 2024.
LGG Industrial appointed a new VP and General Manager to lead growth and operations in its U.S. West Region.
Genuine Parts Company reported modest second-quarter sales growth but lowered its 2025 outlook due to U.S. tariffs and ongoing market uncertainty.
The PTDA expanded its network with five new member companies across four different states and Canada.
State Supply is a distributor of mechanical and industrial power transmission products, including bearings, belts, chains, sprockets and more.
Now permanently closed, Texas-based CIA supplied equipment and drivetrain components to customers across the U.S., Canada, Mexico, Peru, France and other international markets.
The move further strengthens DXP’s reach and capabilities along the Gulf Coast.
Sparks, NV-based Johnson Bearing & Supply strengthens Purvis' operations in the Western U.S.
Parker Hannifin agreed to acquire Curtis Instruments for $1 billion in cash to expand its electrification capabilities.
