News
Latest
Breaking news in Wholesale Distribution
Paused early in the COVID-19 pandemic, the service could place Amazon as a direct competitor with parcel delivery giants like UPS and FedEx.
The privately owned company based in Changzhou, China, specializes in the design, production and sales of tungsten carbide cutting tools.
Antonio Di Vaira was appointed Senior VP of the company’s Power Products division for the North American hub.
Facilities in Kansas include office, training center, and warehouse space totaling over 60,000 square feet.
Ultimation was recognized in 2020 and 2022 as one of Inc. 5000’s fastest growing private companies in America.
The company anticipates the new facility will employ approximately 80 team members when complete and over time employ more than 150 people.
The system integrates with the company’s proprietary warehouse picking processes to maximize productivity and reduce costs.
DSG, which just acquired Hisco, said the stock split demonstrates continued confidence in its long-term growth and financial performance.
The company said that fourth-quarter sales of $6.6 billion exceeded guidance and were up 2.9% year-over-year.
Manufacturing output rose 0.5% in July, but the growth rates for the previous three months were revised down.
