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The company is selling its Specialty Tapes unit for $540 million, using the proceeds to reduce debt ahead of being acquired by Amcor.
It's Motion & Control Enterprises' 16th acquisition since the start of 2023.
In Part 3 of our IT series, two distributor executives look to the future and have every intention of getting it right with self-serve and AI technologies.
Poland-based QEMETICA is a privately held manufacturer of soda ash, silicates and other specialty chemicals.
Government data showed a third straight monthly increase in October, and accelerated from the previous two.
While still in contraction territory overall, the November report showed a healthy increase in new orders and employment.
St. Louis-based CK Supply said the new facility will ensure economic growth within the region and meet rising demand.
The PMA report shows that metalforming manufacturers maintain a guarded yet optimistic economic outlook.
The October gain was driven by a 0.5% increase in transportation equipment, following two straight monthly decreases.
Trojan offers pump rental, automation technology and sales of layflat hose and other related equipment to customers primarily across the southern U.S.