September 15, 2008 - Modern Distribution Management

Log In

Search

September 15, 2008

Border States Electric Agrees to Buy Harris Electric Supply Co.

Electrical, Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors /

Border States Electric, Fargo, ND, has agreed to buy Harris Electric Supply Company with locations in Clarksville, Columbia, Cookeville, Hendersonville, Lebanon, Murfreesboro, and Nashville, TN.
 
Harris Electric provides electrical distribution, power monitoring and power quality, lighting, data communication, control and automation solutions to the residential, industrial/original equipment manufacturer (OEM), commercial construction, data communications, and utility markets. The transaction is expected to close in November.
 
Harris Electric Supply Company employs 120 and serves more than 1,900 customers. The Harris Electric Supply Company name will not change but will include A Division of Border States.”
 
Border States provides products and services …

To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.

Border States Electric Agrees to Buy Harris Electric Supply Co. Read More »

Crane Co. Buys Delta Fluid Products

Finance, Free, Mergers & Acquisitions, News, Power Transmission/Motion Control/Fluid Power, Subscriber Only, Top Distributor Sectors /

Crane Co., a Stamford, CT-based diversified manufacturer of highly engineered industrial products, has purchased Delta Fluid Products Ltd., a designer and manufacturer of regulators and fire safe valves for the gas industry, and safety valves and air vent valves for the building services market, for $28 million in cash.
 
Delta Fluid Products, St. Helens, England, employs 220 people. Delta’s 2008 sales are estimated to be $37 …

To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.

Crane Co. Buys Delta Fluid Products Read More »

Richard Bell to Retire from Gates Corp.

Free, News, Power Transmission/Motion Control/Fluid Power, Subscriber Only, Top Distributor Sectors /

Richard Bell, chairman of Gates Corp., Denver, CO, and COO of the Industrial and Automotive group of UK-based Tomkins plc, will retire on Dec. 31, 2008, after 43 years. Bell has held these roles since 2007.
 
Effective upon Bell’s retirement, Jim Nicol, CEO of Tomkins plc, will assume the role of chairman of Gates Corp. and Alan J. Power will take on the role of Executive Vice President, Industrial and Automotive, where he will be responsible for all of the Group’s Industrial and Automotive businesses other than Gates Corp.
 
Gates manufactures industrial and automotive products, systems and component with operations in 25 countries. Gates is part of the Industrial &Automotive group of Tomkins plc, a global engineering company with revenue of $5.8 billion in 2007. …

To access this page, you must purchase MDM Premium Subscription, MDM Premium Subscription – Monthly or MDM Premium Subscription – Annually.

Richard Bell to Retire from Gates Corp. Read More »

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!