September Factory Orders Slide Again
It followed a similar decline in August.
September Factory Orders Slide Again Read More »
News
Womack is Now Evolution Motion Solutions
The company launched a new logo and website as it aims to drive innovation in hydraulic, electromechanical and pneumatic technologies.
Womack is Now Evolution Motion Solutions Read More »
NEFCO Makes Midwest Splash, Acquires Total Tool Supply in MN
It expands NEFCO’s operations to 59 locations across 28 states and enhances its next-day delivery capabilities for contractors.
NEFCO Makes Midwest Splash, Acquires Total Tool Supply in MN Read More »
PTDA Adds 1 Distributor, 1 Manufacturer to Membership
PTDA added A&M Supply Inc. and Helix Linear Technologies as its newest members.
PTDA Adds 1 Distributor, 1 Manufacturer to Membership Read More »
White Cap Acquires Valley Supply in PA
Valley Supply is a distributor of concrete accessories, fabricated rebar, chemicals and safety products serving infrastructure markets.
White Cap Acquires Valley Supply in PA Read More »
U.S. Construction Spending Edged Higher in September
A second straight monthly increase put the total at a healthy increase both year-over-year and year-to-date.
U.S. Construction Spending Edged Higher in September Read More »
Metalformers’ Outlook Dims Amid Lower Shipment Levels
The PMA report shows that metalforming manufacturers are approaching the next months with caution, due to economic uncertainty.
Metalformers’ Outlook Dims Amid Lower Shipment Levels Read More »
Wesco to Buy Data Center Facility Management Servicer for $185M
Ascent specializes in data center facility and property management, offering solutions for data center operations in the U.S. and Canada.
Wesco to Buy Data Center Facility Management Servicer for $185M Read More »
Manufacturing PMI Hits Lowest Mark in 15 Months
The PMI reported the seventh consecutive month of contraction, amid weak demand and cautious investment.
Manufacturing PMI Hits Lowest Mark in 15 Months Read More »
AD’s Nine-Month Member Sales Up 6% to Record Figure
AD added 115 new members in the first nine months of the year, which doesn’t include the influx of members from the IMARK Electrical merger.
AD’s Nine-Month Member Sales Up 6% to Record Figure Read More »
Cardinal Health Sales Fall on Optimum Departure
Optimum was a top customer whose contract expired at the end of June. Excluding that, 1Q sales saw double-digit annual growth.
Cardinal Health Sales Fall on Optimum Departure Read More »
Parker Hannifin Posts Modest 1Q Sales Growth as Profit Jumps
The company raised its outlook for operating margins, driven by strong performance in its Aerospace Systems segment.
Parker Hannifin Posts Modest 1Q Sales Growth as Profit Jumps Read More »
Acquisitions Power Distribution Solutions Group 3Q Growth as Organic Slides
Acquisitions earlier in 2024 and prior accounted for a healthy annual sales gain, emphasizing the strategic expansion of its customer base.
Acquisitions Power Distribution Solutions Group 3Q Growth as Organic Slides Read More »
SKF Selling Pennsylvania Aerospace Supply Unit for $220M
Meanwhile, the bearings maker posted its 3Q results, made an Australasia acquisition and updated on its Automotive separation.
SKF Selling Pennsylvania Aerospace Supply Unit for $220M Read More »
Galco Acquires Hydraulics/Pneumatics Distributor in Michigan
Sterling Heights, MI-based D.F. Burnham is a distributor of hydraulic and pneumatic components.
Galco Acquires Hydraulics/Pneumatics Distributor in Michigan Read More »
Wesco Sees Modest 3Q Organic Growth as Margin Grows
The company’s WIS unit sale earlier this year drove most of its overall sales decline, while its CSS segment powered narrow organic growth.
Wesco Sees Modest 3Q Organic Growth as Margin Grows Read More »
Arrow Electronics 3Q Sales Fall 15%
The company cited a persistent “broader ecosystem inventory correction” causing a challenging market.
Arrow Electronics 3Q Sales Fall 15% Read More »
Grainger Posts 4% Organic Growth in 3Q Amid “Slow but Steady Market”
The organic gain outperformed compared to other industrial distributors in the July-September period.
Grainger Posts 4% Organic Growth in 3Q Amid “Slow but Steady Market” Read More »
Acquisitions Power Beacon’s 7.6% Sales Growth in 3Q
Beacon set a company record for quarterly sales, with acquisitions largely driving year-over-year growth.
Acquisitions Power Beacon’s 7.6% Sales Growth in 3Q Read More »
LoneStar Electric to Add New Orleans DC, 13th Overall
The company is set to enhance its presence in Louisiana with a new facility that is expected to create around 20 jobs.
LoneStar Electric to Add New Orleans DC, 13th Overall Read More »
