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Metalworking solution distributors Shelton Machinery, Municipal Machinery and Concept Machinery will operate under TSM Group.
The addition of Pro-Seal complements DXP's rotating equipment division and expands its geographic footprint.
The latest Census Bureau figures indicate January was a weakened month for sales, both month-to-month and year-over-year.
Non-heavy manufacturing, non-residential construction and reseller end markets outperformed January.
4Q revenues for that segment dipped 1.4% year-over-year.
Compressor distributor Pacific Air Compressors will expand Atlas Copco's geographic footprint in the Portland area.
The strategic partnership will enable material handling equipment and automation distributor Wolter to accelerate its expansion plans.
The figure was boosted by an additional billing day, but the month was still a considerable rebound when excluding that factor.
It was the third decline in the past four months, and much sharper than December’s.
Parrish-Hare Electrical Supply's four locations will operate as a separate subsidiary of Consolidated Electrical Distributors.
