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It's the company's first announced acquisition since making a deal to acquire Orange Line Oil Company in June 2022.
The retailer says the strategy will help it distribute its inventory more efficiently, according to a Wall Street Journal report.
The companies plan to launch an initial set of combined data service offerings to the market beginning early second quarter 2023.
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For all of 2022, revenue was $503 million an increase of 25% over 2021, Allied said in its recent earnings announcement.
PTB Group joins Precision Aviation Group's engine services division.
Exports dropped for a 4th straight month amidst continued weakness in foreign demand, according to China’s General Administration of Customs.
The incident “may have impacted personal information and protected health information belonging to certain individuals," the company said.
Fourth quarter revenue in Wajax's Industrial Parts segment rose 26.9% year-over-year.
Net sales for 2022 increased 4.2% to $1.49 billion, compared with $1.43 billion in the prior-year period, Hillman reported.
