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The acquisition is expected to expand Lane’s presence within the Midwest and enhance its service offerings, the company said.
The company says it acquired FPH, a developer of electrical drive systems and light weighting technologies for defense vehicles.
The inventory management supplier says Chris Pauli will be promoted to executive vice president and CFO.
The bearings and power transmission company says it finalized its deal with the and manufacturer of cycloidal reduction gears and actuators.
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The distributor says it’s connecting with the digital talent marketplace supporting women ‘in every stage of life including parenthood.’
The commercial construction supply distributor announced the asset purchase of Service Construction Supply and its two locations.
The enterprise software provider this week introduced a variety of new features across the latest release of its ERP Cloud portfolio.
The company reported fiscal 2022 fourth-quarter net sales of $358.9 million and gross margin of $137.5 million.
The designer and manufacturer of precision and specialty-controlled motion products and solutions completed the deal announced May 9.
