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The Oklahoma-based distributor of metalworking and mission critical industrial products says it acquired the Ohio-based supply company.
Today’s podcast and summary in this edition of MDM Update is Elizabeth Galentine's last contribution for MDM. We’re sorry to see her go but excited for the next opportunity she is pursuing. Elizabeth has been MDM’s editor-in-chief for four years and has guided our content through very disruptive times. (She banned the team’s use of "unprecedented" to describe events of 2020.) That’s just one example of her thoughtful approach to cutting through noise and jargon — one of the hallmarks of our coverage of this industry since 1967. The team at MDM will miss her, and we wish her the best in her next venture!
Orders surpassed $650 million during the month, according to the latest U.S. Manufacturing Technology Orders Report.
The construction supply company says it completed a deal to acquire the Vermont-based supplier, which also serves New York and New Hampshire.
PTDA welcomed an industrial chain and manufacturing-solution company and a provider of torque limiters, shaft couplings and safety brakes.
The Cincinnati-based supplier of complete hardware solutions is building a 450,000-square-foot facility in the city of Shannon.
The global health care solutions company says it will acquire Apria for $37.50 in cash per share of common stock.
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The seasonally adjusted Fastener Distributor Index of 56.2, was driven primarily by a lower employment index.
The industry added 22,000 net jobs in December, and the industry has recovered slightly more than 1 million of the jobs lost in 2020.
