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The fasteners distributor marks AFC's fifth acquisition of 2023 and 10th since the company was privately acquired in April 2021.
Total inventories of merchant wholesalers were $918.5 billion, virtually unchanged from the revised February level.
The new site has been designed to offer a user-friendly experience with improved navigation and functionality, Curbell says.
Despite a sales decline in 1Q, Regal Rexnord CEO Louis Pinkham has high hopes for the manufacturer following its acquisition of Altra Industrial Motion.
Frank Crowson will be responsible for leading Northern Tool + Equipment's initiatives involving brand awareness and revenue growth.
The Yokohama Rubber Co., Ltd. has acquired Trelleborg Wheel Systems from the Trelleborg Group for roughly $2.28 billion USD.
Non-farm payrolls rose by 253,000 jobs last month, including 15,000 in the construction industry, according to ABC.
The company reported 1Q 2023 revenue of approximately $2.52 billion, a slight increase compared with $2.4 billion reported in 1Q 2022.
Reina Ohol has been promoted to Senior Vice President of Human Resources for Sonepar North America, the company said.
The software solutions company says the suite will streamline workflow and create better customer experiences.
