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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.
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The company announced new distribution in Northern Ohio, Virginia, Southern West Virginia, North Carolina and South Carolina.
Kaman announced it will acquire Parker’s aircraft wheel & brake division for $440 million.
The company is looking to sublet at least 10 million square feet of excess space following its first quarterly loss since 2015.
Summit Electric Supply announced that it has moved its existing Phoenix Service Center to a ‘nearby larger facility.’
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The Power Transmission Distributors Association says it has welcomed four new member companies.
‘Fill Your Potential’ is part of a ‘new inspiring and possibility-driven theme line as part of a communication and marketing campaign,’ Airgas says.
