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Houston-based pump solutions and MRO supplies distributor DXP Enterprises expands its water product and service platform with its latest deal.
Private equity firm Exponent acquired U.K.-based Optimas International from its U.S.-based parent company Optimas Solutions.
Though the figures were a positive sign for manufacturing momentum, ISM survey commentary acknowledged that January is a reorder month and likely was influenced by buyers trying to get ahead of expected price increases.
The new high-water mark is up from $83 billion in 2024, largely driven by the group’s merger with IMARK Electrical.
The news comes just a few days after the bankrupt auto parts supplier said it would wind down operations at several of its key brands.
White Cap is owned by PE firm CD&R, and Colony by Audax Private Equity. It will net White Cap more than 60 new locations.
We break down the latest key figures out of the Census Bureau’s November report that showed a solid monthly rebound in factory orders - largely driven by nondefense aircraft.
George Vorwick is a 25-year company veteran and has been CEO since 2009.
Eaton announced plans to spin off its Mobility Group into a standalone public company, sharpening its focus on electrical and aerospace markets.
The bankrupt company said it has begun winding down parts of the business as part of its Chapter 11 restructuring, while continuing to operate and seek buyers for its remaining units.
