Ingersoll-Rand Inc. (NYSE: IR), Milwaukee, Wisconsin, has appointed Vikram “Vik” Kini as its senior vice president and chief financial officer, reporting to CEO Vicente Reynal. Kini will be succeeded by Kristen Actis-Grande as vice president of investor relations and financial planning and analysis (FP&A). Emily Weaver, current CFO, is leaving to pursue other opportunities based on a mutual […]
Ingersoll Rand Makes Two Appointments Read More »
French distributor of industrial air compressors will become part of Atlas Copcos Compressor Technique business area.
Atlas Copco Acquires Ovity Air Comprimé Read More »
The 0.3% improvement follows 10 weeks of declines and nine weeks of double-digit declines.
IRCG’s Weekly Pandemic Revenue Index Notches First Increase Read More »
Distribution giant selling European subsidiary to Dutch private equity firm Torqx Capital Partners for undisclosed amount.
Grainger to Divest Fabory Read More »
The average annual sales growth for the 12 months through April 2020 is 1.3%.
HARDI Distributors Report 19.2% Revenue Decrease in April Read More »
The April figure is 3.0% above the April 2019 estimate of $1,307.1 billion.
April Construction Spending 2.9% Below March Read More »
The board of directors will begin a thorough and deliberate CEO selection process to replace Andrew Lane.
MRC Global President & CEO to Retire Read More »
DGI Supply has hired the Production Tool & Supply employees and will continue to operate under the PT&S brand for its customers in the Rockford area.
DGI Supply to Acquire Production Tool & Supply of Rockford Read More »
Machine Tool Supply is a distributor of cutting tools, abrasives, mold components, workholding products, MRO and safety supplies.
Mars Supply Acquires Machine Tool Supply Read More »
The 11.4% decline represents the smallest decline since mid-March.
IRCG’s Weekly Pandemic Revenue Index Shows Signs of Improvement Read More »
The decrease in real GDP in the first quarter reflected negative contributions from PCE, private inventory investment, nonresidential fixed investment and exports that were partly offset by positive contributions from residential fixed investment, federal government spending and state and local government spending.
Real U.S. GDP Down 5% in 1Q According to “Second” Estimate Read More »
Profit increased 51% to $11 million.
Descartes Systems Group Sales Up 7% in 1Q Read More »
Profit increased 40.2% to $59.7 million.
Columbus McKinnon Sales Down 12.6% in Fiscal 2020 Read More »
Derek Bufkin is currently vice president, head of sales USA West for Henkels General Manufacturing & Maintenance
Henkel Names Vice President, Head of Channel Management North America Read More »
These changes create president roles that will drive the business units for McNaughton-McKay Electric Company and The Reynolds Company, including Flow-Zone, the most recent acquisition.
McNaughton-McKay Announces Executive Appointments Read More »
The index shows eight weeks of double-digit average declines and five consecutive weeks with declines in the mid-teens.
IRCG Weekly Pandemic Revenue Index Shows a 14.9% Decline Read More »
Profit for the year was $126 million, compared to $105 million in 2019.
RBC Bearings Sales Up 3.6% in Fiscal 2020 Read More »
Caldwell Hart will be responsible for strategic procurement, operational purchasing and related services, reporting directly to Jayne Millard, chairman and co-CEO, and Kathleen Shanahan, co-CEO of the electrical and industrial distributor.
Turtle & Hughes Names Senior Vice President of Supply Chain Read More »
The addition of Seger and Anderson-Helbling strengthens and broadens the breadth of talent and experience.
Border States Electric Elects Two New Board Members Read More »
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