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It's the third acquisition Solve has made in the past year, including recent additions of Bearings Limited and SST Bearing Corporation.
PIP said the deal expands its operations in southern and eastern Europe by adding more than 215,000 square feet of warehouse space.
The pneumatic manufacturing company is expected to strengthen Bailey’s North American infrastructure and help support customers globally.
U.S. manufacturing corporations' seasonally adjusted after-tax profits in the first quarter of 2022 totaled $261.9 billion.
Kansas-based Level5 is expected to join Worthington’s collection of tools for both professionals and DIYers.
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'XPS complements our significant recent investments in the e-commerce fulfillment and shipping space,” Descartes’ CEO says.
On June 8, Winsupply will hold its grand opening for a new regional distribution center just south of Oklahoma City.
The company says the deal will play a critical role in PDI’s Southeastern expansion plans by expanding locations in Georgia.