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It mark's the construction supplies distributor's seventh bolt-on since 2017 and third in 2022.
The tooling and work holding maker said the sale is part of its vision aiming to align the company’s focus on its core manufacturing business.
It marks the first acquisition for Tencarva since it was privately-acquired in November 2021.
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The company said the 2.2-million-square-foot expansion allows it to pick, pack and ship nearly three times the previous daily average of packages.
A new assessment tool and compensation survey aims to help members avoid bad hires and see where their benefit practices align with competitors.
Sarah Bryne has joined the distributor marketing resource firm.
The polymer materials maker also announced its completed $1.5 billion acquisition of DSM Protective Materials.
The company announced that Leigh Dobbs has been named chief human resources officer, effective Sept. 6.
The home improvement company also reported 2022 second-quarter earnings of $3 billion, in line with prior-year results.
