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Fairport, NY-based WorldWide Electric Corporation specializes in the manufacturing of electric motors, motor controls, gear reducers and generators.
Two new lawsuits filed in April expand antitrust claims against major HVAC OEMs, alleging a multi-year price-fixing scheme that overcharged contractors and distributors — building on a similar class action first filed in March.
The fasteners master distributor also appointed two other executives, including a longtime Fastenal veteran.
The WWS unit generated roughly $935 million in 2025 revenue and will operate as a standalone company under American Industrial Partners.
Ludwig Meister Co-CEO Max Meister joins the Podcast to explain why innovation fails without execution — and why AI won’t fix bad data. We also preview his SHIFT main stage session on benchmarking digital, data, sales and culture maturity.
Gravis continues its acquisition push with its second deal in two months, adding Montreal-based Western Packaging Solutions to expand its Canadian footprint and strengthen its bulk packaging platform.
FIS serves a range of industrial sectors that include oil and gas, renewables, marine, hospitality and logistics.
The electric motor and air moving subsystems maker named longtime Schneider exec Aamir Paul as CEO, signaling continued focus on automation, electrification and power transmission — key markets for fluid power and hose & rubber distribution channels.
The eCommerce-based plumbing, HVAC and electrical supplies distributor launched a new foundation to expand access to skilled trades careers, consolidating its scholarships and community initiatives into a centralized platform.
The acquisition expands Tencarva's reach in municipal end markets in Texas and Oklahoma.