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It followed a 2.1% decrease in January.
The acquisition adds durability enhancing products to the wide ranging line-up of hydraulic fittings and accessories, Brennan said.
Walmart said it expects about 65% of its stores to be serviced by automation by the end of its fiscal year 2026
The consolidation of operations is expected to save FedEx $4 billion.
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The added space will help Motion meet growing customer needs while adding future opportunities across its automation and robotic platforms.
GE said customers will benefit from end-to-end support, including consistency and efficiency across both new and serviced units.
nVent has entered into an agreement to acquire ECM Investors, the parent company of ECM Industries.
Chris Bateman, CEO of Industrial Supply Company, Inc. was given special recognition during the ceremony, which was held in Tampa, Florida.
The rebrand comes nearly a year after Woodgrain's acquisition of Huttig.