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Amid an escalating antitrust investigation, the company appears to be more cautious about how much money it takes from online sellers.
'This achievement is a testament to B&D Industrial's dedication to quality, industry best practices, and exceptional bearing maintenance training,' the company said.
This represents the fifth platform deal closed by Gryphon’s Heritage Fund, the firm’s small-cap fund strategy.
The CA-based operations of Independent Electric Supply will merge into OneSource Distributors, while the AZ-based branches will merge into Quality Electric Distributors.
The United Auto Workers has threatened expanded strikes to additional factories should the standoff with GM, Ford Motors and Stellantis last past Sept. 22.
The honors were announced at AD's Industrial & Safety North American Meeting Sept. 12-15 outside of Denver.
It's the second power transmission product category added to the platform this year, which has over 25 categories total.
The news comes less than a month after plastics resin distributor M. Holland said it would be acquired by Ravago.
Projections showed the central bank would raise rates to a median 5.6% by the end of the year — up from the current range of 5.25% to 5.5%.
The official grand opening featured special guests including Sioux Falls Greater Chamber of Commerce members.
