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The Conference Board Consumer Confidence Index rose again in July to 117.0, up from 110.1 in June and to the highest level since July 2021.Â
Millennium Manufacturing will help Bracalente bolster its specialized CNC milling, turning and multi-spindle manufacturing capabilities.
That geographic segment includes gases and welding products distributor Airgas, which was No. 5 on MDM’s Top Industrial Distributors List.
Year-over-year sales growth slowed to 2% in the second quarter, but operating margin increased to 20.6%, according to an earnings report.
It was the fourth consecutive monthly increase, and more than twice the increase of May.
Romac Industries' President said the expansion aligns with the company's commitment to domestic manufacturing.
Amid cooling inflation, that figure is an acceleration from 1Q's 2.0% growth.
The industrial distribution giant's results seemed to outperform the rest of the sector, with a sequential revenue growth slowdown more subdued than what others have reported in this earnings cycle.
PDF joins Evantic's existing portfolio of innovative providers of high-performance engineered solutions
Southwire's future Texas facility will help streamline the company's product offering to the Southwest and Midwest U.S.
