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A 3-alarm fire late Monday night destroyed the Commerce City, California, warehouse of Western Hose & Gasket, a WestFlex company.
Sandvik's recently-added GWS Tool Group has acquired Balax, Inc. as an addition to the conglomerate's Walter division.
The company said it has accepted the resignation of current Chief Financial Officer Kenneth Krause, effective Aug. 26.
As evidenced by the latest round of quarterly earnings reports, some industrial distributors and manufacturers still see year-to-year growth.
It's the third acquisition for Winsupply announced this year, and comes alongside news that it will start drone deliveries on Aug. 9.
Downward pressure on nonresidential spending is likely to only intensify, and the situation looks even worse when adjusting for inflation.
Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report reflecting the month of June.
Deco Truss is primarily a manufacturer and supplier of structural roof and floor trusses to customers in South Florida and the Caribbean.
It was the slowest expansion since June 2020 as prices took a major month-to-month decline while employment posted improvement.
The distributor of specialty fasteners said it has finalized its purchase of Star Stainless Screw Company.
