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One has been promoted from a subsidiary, and the other is moving from one region to the other.
Dan Florness has been with the company since 1996 and its CEO for the past nine-plus years.
Chicago-based FreightCar gains a family-owned distributor near Pittsburgh that focuses on running-repair railcar components.
The pumps and MRO supplies distributor plans to continue to grow through acquisitions in 2026.
However, the improvement is credited to several one-time factors rather than a sign of underlying demand momentum.
It strengthens and expands PAK's service capabilities outside of its longstanding Texas and Eastern New Mexico territories.
Now privately owned, the former Grainger subsidiary lands a new leader with over 30 years of driving growth in distribution.
Revelar Capital, recent rebranded from Wellspring Capital Management, will help Letterman’s scale its propane distribution business.
The new facility will be the company's flagship location with advanced warehouse operations, quality and engineering lab and an innovation center.
The news comes about four weeks after PFG nixed talks with U.S. Foods about a potential combination that would've seen the latter take over the company.
