Brighton-Best, Parker Fasteners Partner on Domestic Sockets
The agreement will focus on promoting the expansion of BBI’s stainless steel lines, according to a news release.
Brighton-Best, Parker Fasteners Partner on Domestic Sockets Read More »
News
Motion 3Q Sales Flatten but Margin Stays Healthy
Sales for Genuine Parts Company’s industrial segment were $2.2 billion, up 0.6% from the same period in 2022.
Motion 3Q Sales Flatten but Margin Stays Healthy Read More »
Sonepar’s Viking Electric to Acquire Sunrise Electric in Chicago
Sunrise Electric Supply joins Sonepar with over 80 associates, according to a news release announcing the deal.
Sonepar’s Viking Electric to Acquire Sunrise Electric in Chicago Read More »
DoL: Kentucky Distribution Center Employed Children as Young as 11
Violations included employing one child to operate a forklift — a hazardous occupation for workers under 18 — and tasking another child to pick orders in the warehouse.
DoL: Kentucky Distribution Center Employed Children as Young as 11 Read More »
White Cap Leases 20K Square-Foot Facility in Clearwater, FL
White Cap’s 20,000-square-foot indoor building space is in addition to 1.5 acres of industrial outdoor storage space.
White Cap Leases 20K Square-Foot Facility in Clearwater, FL Read More »
NetPlus Hosts 10th Annual Meeting, Presents Member Awards
The group hosted 650 distributor and supplier attendees from nearly 310 companies at its 10th Annual Meeting in Denver.
NetPlus Hosts 10th Annual Meeting, Presents Member Awards Read More »
Green Mountain Acquires Atlantic Electrical Distribution Services
Vermont-based electrical distributor Green Mountain Electric Supply has made its eighth acquisition in less than three years.
Green Mountain Acquires Atlantic Electrical Distribution Services Read More »
Timken to Acquire Engineered Solutions Group in Houston
Timken’s acquisition of iMECH enables the bearings manufacturer to increase its product breadth and provides cross-selling opportunities.
Timken to Acquire Engineered Solutions Group in Houston Read More »
Report: Activist Investor Urges MRC Global to Explore Sale
Engine Capital reportedly said the PVF distributor could net $14 to $18 per share in a sale as a premium to its current stock price.
Report: Activist Investor Urges MRC Global to Explore Sale Read More »
Atlas Copco Adds Distributors in New Hampshire, Slovakia
Pump, compressor and vacuum equipment manufacturer Atlas Copco added three distributors to its compressor business.
Atlas Copco Adds Distributors in New Hampshire, Slovakia Read More »
Vallen Earns ISA’s 2023 Innovation Impact Award
Industrial distributor Vallen was recognized for its “groundbreaking” ESG program, dedicated to building a diverse and inclusive culture.
Vallen Earns ISA’s 2023 Innovation Impact Award Read More »
SKF Confirms Pending Closure of Luton, UK Plant
The proposal was made as part of a consolidation of the group’s spherical roller bearing manufacturing to secure competitiveness in Europe.
SKF Confirms Pending Closure of Luton, UK Plant Read More »
September U.S. Industrial Production Improves to 5-Year High
Industrial production increased 0.3% during the month and advanced at an annual rate of 2.5% in the third quarter.
September U.S. Industrial Production Improves to 5-Year High Read More »
Foundation Building Materials Adds 11 Locations via 3 Acquisitions
FBM’s Acquisitions Include A&D Supply, Studs Unlimited, Henrietta Building Supplies and KCI Doors & Hardware.
Foundation Building Materials Adds 11 Locations via 3 Acquisitions Read More »
Warehouse Automation Spending Slumps from Pandemic Highs
However, certain markets continue to see strong demand and runway, led by U.S. manufacturing.
Warehouse Automation Spending Slumps from Pandemic Highs Read More »
Simmons Pump & Supply Expands in Western Kansas
The company has opened its second U.S. location in Garden City, temporarily located at 2726 W. Jones Ave.
Simmons Pump & Supply Expands in Western Kansas Read More »
US LBM Golf Tournament Raises More than $2M
The seventh edition of the charity golf tournament was held at TPC Sawgrass outside of Jacksonville, Florida, on Oct. 11.
US LBM Golf Tournament Raises More than $2M Read More »
Kito Crosby Unifies Under New Brand
The announcement comes about nine months after Kito Corp. and Crosby Group merged.
Kito Crosby Unifies Under New Brand Read More »
Platinum Equity to Buy Stake in US LBM from Bain Capital
A recent report from Bloomberg stated that the minority stake of US LBM is valued at approximately $7 billion.
Platinum Equity to Buy Stake in US LBM from Bain Capital Read More »
Air-Power Tools Maker P&F Industries Going Private
The company said it has agreed to be acquired by ShoreView Industries in an all-cash transaction for $13 per share.
Air-Power Tools Maker P&F Industries Going Private Read More »
