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AD taps a former Iconix and Wesco executive to lead its newly-formed Waterworks unit.
As Grimstad's second acquisition this year, it's expected to strengthen the fluid power distributor's ability to deliver complete lifecycle solutions.
It gives the company four distribution centers in Florida to provide statewide coverage and next-day delivery to nearly every major metro area.
To be bought from fellow investment firm KKR, the pending deal follows Arcline's $1.8 billion purchase of fellow defense and aerospace component supplier Kaman in 2024.
Wipfli’s new 2026 distribution outlook warns that pricing pressure, supply uncertainty and labor strain are intensifying — and that digital tools now separate those who stay ahead from those who fall behind. Here, we distill the report’s key findings and recommendations.
Already the NHL’s official supply chain partner, it makes the distributor the preferred MRO supply partner of Rogers Place in Edmonton.
Set to launch in early 2026, the platform is focused on providing technical service and solutions for operationally essential products across industrial, manufacturing and field service applications.
Boosted by NEFCO's acquisition of Big D Tool Center, the cooperative strengthens its Texas footprint.
Packer said the project represents a key step in the company's broader AI roadmap, which aims to expand automation and digital tools across the company.
