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The company said the split is still on track for completing during 1Q27, preceded by separate investor days for both GPC and Motion in early December.
The waterworks infrastructure distributor returned to year-over-year sales growth as municipal demand, fire protection and large capital projects supported its fiscal second-quarter results.
The deal adds residential framing services, manufactured trusses, doors, millwork and other building materials serving homebuilder customers across several Florida markets.
MSC Industrial Supply named longtime finance executive Rob Kuhns as its permanent CFO, completing its latest C-suite transition as the distributor’s sales and profitability accelerate.
The deal adds approximately $115 million in annual revenue and expands Franklin Electric’s commercial and industrial flow control portfolio into high-pressure pumps and aftermarket products.
Winsupply returns as a 2026-2027 season partner after doing so in 2024 to its home state NFL team, with the deal including stadium branding, customer engagement opportunities and the company’s involvement in recent renovations at Paycor Stadium.
The newly unified manufacturer and distributor combines Reliable Automatic Sprinkler’s fire-protection portfolio with ASC Engineered Solutions’ pipe-joining, flow-control and structural-support products.
Daily sales growth again topped street expectations and the company's own signalled guidance as both major manufacturing end markets and all three geographies accelerated. Get our full breakdown of the company's August sales report.
Transportation equipment and primary metals led the broader July increase. See our breakdown of how orders changed MoM and YoY by product category.
Makita Industrial Tools began operations Sept. 1 following the completed transfer of Panasonic Electric Works’ power tools business, expanding Makita deeper into factory fastening equipment and industrial IoT solutions.
