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Gates hopes to broaden its channel and application coverage, while Timken expects the move will improve margins.
Search Results for: products – Page 10
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ISM shared that 19% of the manufacturing sector’s GDP contracted in April, compared to 16% in March.
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After a flat 4Q25, Distribution Solutions Group saw an improved 1Q26 for top-line and organic sales growth, though profit and EBITDA margins tightened.
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Existing backer KKR maintains majority ownership of the distributor, while Neuberger Private Markets now holds a minority stake.
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Government spending and private investment increased sequentially, and AI-related spending helped drive strong growth in business investment in equipment and structures.
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The company pointed to continued broad end-market growth both year-over-year and sequentially, while pricing advanced primarily in memory-related products.
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The electrical and industrial distributor keeps breaking company sales and profit records.
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The deal is set to expand Nexans' U.S. footprint and low-voltage cable capabilities while leveraging Republic’s distributor network to build a broader North American growth platform.
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The company’s January-March results indicated demand momentum. Meanwhile, Applied raised its annual outlook.
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