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Adding the national tile and stone distributor boosts PGS’ offering in the growing commercial flooring market.
Solve Industrial Motion Group announced March 31st that is has acquired SST Bearing Corporation, including USA Rollers, Inc.
The St. Louis-based company also reported that fiscal 2021 fourth-quarter net sales were nearly $1.25 billion.
Woodgrain Inc. last month reached a deal to acquire Huttig Building Products for $350 million in an all-cash agreement.
The distributor says the ‘unanticipated rapid rise’ in fuel costs has pushed its suppliers to increase delivery charges.
MDM welcomes content leader with deep industry experience as it strengthens industry coverage in 2022.
The personal consumption expenditures index, which is monitored by the Federal Reserve, jumped 6.4% in February.
A new estimate from the Bureau of Economic Analysis says real gross domestic product increased at an annual rate of 6.9% at the end of 2021.
In its latest earnings report, the company reported fiscal 2022 second-quarter net sales of $862.5 million.
The Columbus-based industrial distributor formerly known as Ohio Transmission Corp. announced the acquisition Wednesday.