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Aberdeen-based Scot Bearings is a distributor of bearing and power transmission products.
East and Gulf Coast port operators and union dockworkers are up against a Jan. 15 deadline to come to a new deal. Concessions still seem unlikely on both sides.
Sonepar sold Vallen Asia to the latter's leadership team in a management buyout, marking the company’s deconsolidation from Sonepar.
Our Update newsletter will be back in action in the new year on Thursday.
It marks NEFCO’s fifth acquisition of 2024 and its second-largest acquisition to date.
The B2B office products distributor appointed two company veterans as leaders overseeing its financial operations.
The company has purchased a new office building, creating additional space for warehouse expansion and future development.
Loy Instrument is an Indiana-based supplier of process control and combustion solutions.
OSHA is withdrawing all but one citation issued against the company, while Amazon is required to improve ergonomic conditions throughout its facilities.
The latest data showed a mixed picture, with wholesale inventories down slightly and retail inventories up, while the trade deficit grew.
