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The annual sales growth for the 12 months through July 2023 is 6.2% percent, according to a HARDI news release.
FloChem is a distributor of commodity and specialty chemical solutions from North American manufacturers.
In 2023, Beacon has expanded its branch footprint through the completion of seven acquisitions and 14 new greenfield locations.
The U.S. Department of Energy announced opportunities to help manufacturers retool existing factories and transition to electric vehicles.
New orders for manufactured goods in July decreased month over month to $12.7 billion, a 2.1% decline from June.
Des-Case's revenue for the calendar year 2023 is expected to be around $40 million, according to a news release.
The addition will increase Singer Industrial’s North America footprint to approximately 90 locations with more than 1,200 employees.
The company again marks its centennial celebration by acquiring two providers of bearings, power transmission and industrial motion products.
Strandquist's career included executive roles at Martin, Optimas Solutions and Würth Industry North America.
Construction spending during July 2023 was estimated at a seasonally adjusted annual rate of $1.97 trillion.
