News
Latest
Breaking news in Wholesale Distribution
The bearings maker said it's eyeing the sale of non-core Aerospace product lines, which include seals, rings and PEDs.
In line with The Home Depot's efforts to grow its underserved Pro market, the retail giant has named two executives to help lead the charge.
Year-over-year sales declines continued at the toolmaker, but gross margin and operating margins improved substantially.
While the tentative deal ends Ford-related strikes, thousands of UAW members remain on strike at at General Motors and Stellantis.
It dwarfs the 2.1% growth seen in 2023's second quarter.
Parker Hannifin's Board elected COO Andrew Ross as the company's President, and elected CEO Jennifer Parmentier as Chairman.
Net sales for the first quarter of the company's fiscal year were $1.1 billion, an increase of 3.1% over the prior year.
While total sales growth continued to slow from earlier in the year, it still far outperformed the MRO market.
Four manufacturing companies will merge to create a single-source provider of full-service manufacturing and fabrication solutions.
