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Minnesota-based private equity firms Tonka Bay Equity Partners and Northstar Capital partnered to invest in Standard Locknut.
David Brown joins ERIKS with more than 15 years of senior leadership experience and 25 years of financial roles in accounting and finance.
The company said it will open the new center in Henderson to serve customers and retail branches in Western U.S. states.
The app aims to help businesses better manage their inventory demands.
Jon-Don has acquired Norkan Industrial Supplies and CRT Industrial Equipment.
US Foods announced the CEO appointment of Dave Flitman one week after Builders FirstSource announced his departure.
ERIKS ranked No. 4 in MDM’s 2022 Top Hose/Accessories Distributor list.
This increase, up seven of the last eight months, followed a 0.3% increase in September.
The next phase of the bearing and seal manufacturer's expansion is expected to complete in 2024.