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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.
The units include Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company and Coastal Roofing Supply.
![2023_CoatingsHub_Acq_1200_628[55]](https://www.mdm.com/wp-content/uploads/elementor/thumbs/2023_CoatingsHub_Acq_1200_62855-riq1fjsi1286os8yhqkkx6sw4f0oynqhrojev76k04.jpg "2023_CoatingsHub_Acq_1200_628[55]")
The acquisition is Jon-Don's first in 2023.
The two companies announced in October 2022 that they had agreed to an all-cash transaction as part of the agreement.
