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The company recently elected David Meyer to its board of directors, a move that will take effect April 1.
Manufacturing technology orders for the month totaled $436.6 million, according to the latest U.S. Manufacturing Technology Orders Report.
MRO distributor Stellar Industrial Supply announced it has reached a deal to acquire industrial distribution firm Timesaver Industrial Inc.
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The roofing material and building products distributor says it opened an OTC hub in Pico Rivera, California, and a branch in Little Chute, Wisconsin.
The electrical, communications and data networking distributor reported 2021 net sales of $8.8 billion, a 20.7% increase compared to 2020.
David Gelles, current president of the construction supply company, says his son Matthew Gelles will succeed him.
The distributor announced that Amy Bass Messersmith will be joining Builders FirstSource's executive team effective March 14.
The year-over-year increase reflected the 12 months ending in February and was the biggest spike in 40 years, the Labor Department says.
The automation company announced it was suspending operations and sales in Russia and Belarus, effective immediately.
