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By 2024, the company says it will complete its goal by focusing on reducing fixed costs beyond product and transportation expenses.
The April data was revised lower, however, indicating businesses remained cautious about investing amid economic uncertainty.
The new delivery program has a goal of recruiting approximately 2,500 small business partners by the end of this year.
OrePac will establish Pacific Manufacturing and Logistics to operate a moulding and millwork products manufacturing facility in Oregon.
As a result of acquiring Washburn‐Garfield Corporation, The Collins Companies will expand its presence in Worcester, Massachusetts.
West Florida Supply is a distributor to retailers, education systems, food processors and municipalities, City Maintenance says.
FPC Distribution, Inc. is a foodservice, dry goods and JanSan distributor serving Maryland and Virginia.
The current owners will continue to lead the company’s 'dedicated' team under the Washoe banner, SRS says.
The new facility is projected to be fully operational in 2025 and is expected to create 350 new jobs, the company said.
While U.S. cutting tool consumption fell after a spike, market indicators remain positive with growth expected, according to USCTI and AMT.