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The founding Holland family will retain a significant stake in M. Holland, though no other financial terms of the transaction were disclosed.
Association data shows metalformers anticipate a modest improvement in incoming orders, while shipping levels declined further in August.
Lowe's reported net earnings of $2.7 billion and diluted EPS of $4.56 for the second quarter, compared to diluted EPS of $4.67 in 2Q 2022.
The results of operations of the Delrin business will continue to be presented as discontinued operations in DuPont's financials.
The company's supercenters include vast amounts of aluminum, cord and commercial products, in addition to traditional industrial inventory.
Over two days, the company says it has acquired Germany-based Flexim and Switzerland-based Afag.
Sykes is a global manufacturer of dewatering pumps, predominantly used for transferring water with solids and abrasive nature.
The acquisition of Howden Roots expands Ingersoll Rand’s product portfolio with new low-pressure compression and vacuum technologies.
The company will get 2% of every product sold by merchants who are members of its Seller Fulfilled Prime Program.
RBC is buying the manufacturer of precision bearings for the commercial and defense aerospace markets for $18.7 million.
