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The tentative agreement omits a traditional pension plan while Boeing contends with workforce reductions and financial restructuring.
The report shows a decline in housing units and starts, despite a slight increase in single-family authorizations.
PTDA strengthened its support for distributors in the power transmission sector with the addition of ComInTec, UNIMEC and BearingBank.
SuplpyOne expands its presence in the Southeast U.S. with the acquisition of Alabama-based supplier of corrugated boxes and displays.
Ontario, CA-based Bristol Machine is a distributor of fastening systems and products.
The company also announced a cost reduction program that includes cutting 1,800 jobs.
Following a solid August gain, September saw a decrease in production, driven by decreases in manufacturing, mining and utilities.
The company appointed a new President for its North Division, effective Jan.1, as the current president transitions to Executive VP and CCO.
U.S. cutting tool consumption hit $209.3 million in August 2024 amid ongoing market challenges and uncertainty for 2025.
The hardlines wholesaler pledged to support True Value retailers and cited hundreds of them who converted to Orgill in the past several years.