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Products manufactured at the campus are typically for original equipment manufacturers (OEM) customers, Avnet said.
This deal marks the seventh acquisition for the company in the past seven years, according to a news release.
The company announced six new branch locations during the month of October.
In an effort to strengthen supply chain reliability, the U.S. Department of Transportation has awarded grants to fund 41 port projects.Â
The proposal would increase the salary threshold for guaranteed overtime pay from its current $35,668 to $55,000.
The company’s sales were $888 million for the third quarter of 2023, which was 2% higher than the second quarter of 2023.
The funding will help the company increase production capacity of its new air compression division through equipment upgrades and physical expansion.
Vizient is the largest provider-driven healthcare performance improvement company in the US.
An Ace Hardware official said its systems are restored a little over a week after a cyberattack disrupted shipments and online orders.Â
