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Most of it comes from a common stock financing round for the company that plans to expand throughout the U.S. Sunbelt region.
The company said the move is in direct response to customer and supplier feedback calling for a more unified enterprise structure.
Seven major HVAC manufacturers are named in a federal class action lawsuit alleging coordinated price-fixing that began during the COVID-19 pandemic.
The acquisition enhances Danville, VA-based Unison Tube's product portfolio of tube technology in the U.S.
The 8% price increase would "provide a necessary bridge to a permanent mechanism to reflect market conditions in prices for competitive products," USPS officials said.
The two facilities join a network of 14 established Motion branches across Mexico.
The 2025 gain was despite one fewer selling week than 2024 for the infrastructure supplies distributor.
GPC doesn’t plan to name a successor as it readies to separate its Motion and NAPA subsidiaries into standalone public companies.
The company is using autonomous technology to audit warehouse stock, improve accuracy and reallocate labor from manual cycle counts to higher-value tasks. Get the details here.
After 4 years at NAW, they will now lead and shape the future of training programs for over 9,000 employees at local companies and service companies of Winsupply.
