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In The News:

Power Transmission/Motion Control/Fluid Power Distribution


Regal Beloit to Close Indiana Plant

Workers at the manufacturing operation have been on strike since June 30.
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TimkenSteel’s Sales Down 18.6% in 2Q

Manufacturer reports a loss of $4.4 million for the quarter.
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Private Equity-Backed Motor City Industrial Acquires Quality Fastener and Supply

The acquisition strengthens the company’s presence in the Midwest.
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Rexnord Sales Up 4% in Fiscal 4Q

The company reported sales for fiscal 2019 were up 11%.
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DXP’s Sales Up 8.8% in 1Q

Distributor reports sales gains across all business segments.
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TimkenSteel’s Sales Down 2.6% in 1Q

Manufacturer reports a profit of $4.2 million for the quarter.
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ITT Acquires Rheinhütte Pumpen Group from Aliaxis Group S.A.

The acquisition provides the ITT’s Industrial Process segment with a complementary portfolio.
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Allied Motion Sales up 22.6% in 1Q

Profit increased to $4.5 million.
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Kaman Distribution Sales Down 1.3% in 1Q

Sales for Kaman's distribution segment were up 2.5% over the prior-year period.
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AMETEK Sales Up 9.8% in Q1

Profit increased 12.7 percent in first quarter.
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