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Known as Wesco Aircraft until 2020, the company looks to right-size its debt amid reduced demand and ongoing litigation.
Construction spending during April was estimated at a seasonally adjusted annual rate of approximately $1.9 trillion.
3M will make facility and equipment improvements to expand its biotech manufacturing capabilities, and add 60 employees in Europe.
The National Association of Electrical Distributors awarded Schaedler Yesco Distribution's Marc Malvizzi a Lifetime Achievement Award.
DPA's annual Industrial and Safety Buying & Networking Conference was held in Jacksonville Riverfront in Florida, April 24-26.
Bearing and seal manufacturer SKF will consolidate its spherical roller bearing manufacturing by shifting production to Poland.
The location will immediately begin serving the community by providing a training site for the Moraine, Ohio, Fire Department.
The acquisition, subject to competition authority approval, is scheduled to close in June, according to a news release.
The Institute for Supply Management’s monthly Purchasing Managers Index (PMI) remained in contraction territory for a seventh straight month in May.
In its annual handling of about 8 billion packages, Amazon estimates that less than one in 1,000 items are damaged.
