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Matt Emmerich will serve as Ingersoll Rand's SVP and Chief Information Officer, helping to accelerate the company’s digital transformation.
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MDM reported 27 mergers and acquisitions among industrial distributors and manufacturers during June, representing a slight slowdown as 2Q wraps up.
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The deal enhances capabilities to serve high growth, sustainable end markets including green steel, the company said.
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CIRCOR is a manufacturer of flow control products serving the industrial, aerospace and defense markets.
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See the key financial figures reported by three major industrial manufacturers and distributors.
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Minarro Viseras will drive PST’s global strategy, including all commercial, operations and new product development activities.
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Honeywell's Doug Wright will become the new diversified industrial manufacturer's CEO and a board member on April 1.
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A new report states a majority of economists now think a would-be recession is coming later than expected. It suggests a softer economic landing as distributors continue to report strong financials.
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The industrial manufacturer's impressive October-December period followed a likewise record-breaking third quarter.
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The pace of M&A activity accelerated in January, as industrial distributors and manufacturers reported four-dozen deals to start the year.
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