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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.
The new financing will build inventory and support ongoing growth and working capital needs for Gehr.
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ACS expands its Midwest footprint and capabilities with the purchase.
It will position Parker as of the largest global industrial filtration businesses and significantly expand aftermarket capabilities and offerings.
It involves two new distribution centers that span nearly 1 million square feet and the expansion of another.
The company promoted its former customer service leader and longtime Codale veteran as its new president.
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