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"This is a significant acquisition for Unisource Canada and strengthens our market position throughout Canada," said Al Dragone, Unisource CEO. "It also demonstrates our ongoing commitment to pursue strategic acquisitions and our intent to expand our operations both within and outside North America."
Mondrian-Hall will now operate as Mondrian-Hall, a Division of Unisource Canada.
"Sean's energy and experience will help drive continued success in the Canadian maintenance, repair and operating supplies (MRO) market," said Carruthers. "We have ...
??This is a fast-track approach to accelerate the growth of our steel business while building the Timken brand further in Asia,?? said Salvatore J. Miraglia Jr., president of Timken??s Steel Group. ??It will allow us to capitalize on more of the growth opportunities we see in the Asian market, bringing all of the technical expertise Timken is known for, with the added advantage of Daido??s state-of-the-art manufacturing facilities in the region. For customers in Asia, this local proximity is most desirable and necessary to ensure timely, reliable service."
This is the second collaboration between Timken and Daido.