NIBCO Acquires Valves Maker Matco-Norca in NY
Matco-Norca will continue to operate separately as a wholly-owned subsidiary of NIBCO INC., according to a news release.
NIBCO Acquires Valves Maker Matco-Norca in NY Read More »
2023
Why Customer Transparency Will Reshape How You Operate Your Business
Customers want to see that they’re supporting businesses that share similar values. Thus, “customer transparency” is shaping how organizations should build trust and long-term loyalty.
Why Customer Transparency Will Reshape How You Operate Your Business Read More »
U.S. Factory Orders Bounce Back in December
After getting back on track in December, factory orders are up four of the last five months.
U.S. Factory Orders Bounce Back in December Read More »
Motion & Control Enterprises Acquires Precision Pump & Valve
The acquisition is MCE’s eighth since 2021.
Motion & Control Enterprises Acquires Precision Pump & Valve Read More »
Power Tools Manufacturer Dynabrade Acquires Global Abrasive Products
Dynabrade has expanded the scope of its vertical integration by acquiring one of its strategic suppliers, Global Abrasive Products.
Power Tools Manufacturer Dynabrade Acquires Global Abrasive Products Read More »
Imperial Dade Acquires Focus Packaging & Supply
The distributor of foodservice packaging and janitorial supplies serves the greater Fresno market in central California.
Imperial Dade Acquires Focus Packaging & Supply Read More »
Earnings Roundup: Snap-on, SKF, Regal Rexnord, ITW and AMETEK
MDM looks at another round of earnings reports from industrial suppliers.
Earnings Roundup: Snap-on, SKF, Regal Rexnord, ITW and AMETEK Read More »
Rockwell Automation Appoints New Supply Chain Leader
Robert (Bob) Buttermore will be named Senior Vice President and Chief Supply Chain Officer, effective Feb. 13.
Rockwell Automation Appoints New Supply Chain Leader Read More »
Avnet Posts $6.7B Sales in Fiscal 2Q
Avnet’s 2Q sales were up 14.5% year-over-year, according to its Feb. 2 earnings announcement.
Avnet Posts $6.7B Sales in Fiscal 2Q Read More »
Timken Acquires American Roller Bearing Company in NC
Timken’s latest M&A deal comes just two days after the company reached an agreement to acquire Nadella Group.
Timken Acquires American Roller Bearing Company in NC Read More »
Stanley Black & Decker Posts Flat 4Q Sales, Net Loss
The toolmaker reported full-year 2022 revenues of $16.9 Billion, an 11% increase over the prior-year total.
Stanley Black & Decker Posts Flat 4Q Sales, Net Loss Read More »
Grainger Finishes 2022 Strong with 13.2% Growth in 4Q
For the full year, Grainger saw its sales grow 16.9% from 2021.
Grainger Finishes 2022 Strong with 13.2% Growth in 4Q Read More »
Helios Technologies Acquires Hydraulics Supplier Schultes Precision
Schultes serves the hydraulic, aerospace, communication, food services, medical device and dental industries.
Helios Technologies Acquires Hydraulics Supplier Schultes Precision Read More »
December U.S. Construction Spending Down .4% Month-to-Month
Construction job openings also increased by 82,000 in December, according to an Associated Builders and Contractors analysis.
December U.S. Construction Spending Down .4% Month-to-Month Read More »
Data: Are Distributors Seeing Customers Return as Supply Improves?
We polled distributors to ask if those that lost customers amid the height of supply chain issues in the past few years are starting to see those customers return. See the exclusive results and commentary here.
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Data: Are Distributors Seeing Customers Return as Supply Improves? Read More »
January Manufacturing PMI Falls Further to 47.4%
It was the index’s ninth straight month of decline, and third straight in contraction territory.
January Manufacturing PMI Falls Further to 47.4% Read More »
Border States Announces 2024 CEO Succession Plan
Jason Seger, the current President, will become President and CEO on April 1, 2024, the company said.
Border States Announces 2024 CEO Succession Plan Read More »
Pentair Sales Increase 9% in 2022
The water treatment company attributed the year-to-year growth to the performance of its two business segments.
Pentair Sales Increase 9% in 2022 Read More »
GMS Adds Battery-Powered Hydraulic Cranes to Fleet
GMS has added several material-handling trucks equipped with battery-powered hydraulic cranes to its distribution fleet.
GMS Adds Battery-Powered Hydraulic Cranes to Fleet Read More »
MDM Podcast: MSC Says Acquisitions Aren’t Just Business, They’re Personal
As a primer to MDM’s Feb. 22-23 Virtual M&A Summit, we chat with MSC Industrial Supply leaders Erik Gershwind and Jim Drohan about the company’s recently aggressive M&A strategy.
MDM Podcast: MSC Says Acquisitions Aren’t Just Business, They’re Personal Read More »
