We break down 2024’s dealmaking activity by volume vs. 2023, what the most impactful transactions were, which distributors were frequent headliners and what to expect in 2025.
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Industry News
President Biden cited national security concerns and the need for domestic steel production, sparking criticism from both companies.
The DOJ has petitioned the Supreme Court to lift an injunction blocking the CTA, which requires businesses to report beneficial owners to curb money laundering.
The December PMI report showed a rebound in production and a rise in new orders, showing slower contraction in U.S. manufacturing activity.
Photoneo is a Kentucky-based developer of AI-powered robotics and 3D machine vision solutions, including the Brightpick line.
The repurchase is expected to begin in the second quarter as part of the company’s strategy to return cash to shareholders.
LECORP is a material processing, handling and environmental solutions provider based in Kentucky.
Hardlines distributor Orgill appointed a new COO, alongside several other executive promotions to strengthen its leadership team.
The new board member will offer new insights to ISA’s mission of strengthening the industrial supply chain.
It combines the Nos. 1 and 10 companies on MDM’s 2024 Top Distributors List for Fluid Power and significantly strengthens Applied's market position.
Government data showed flat November spending following three consecutive monthly increases.
Aberdeen-based Scot Bearings is a distributor of bearing and power transmission products.
East and Gulf Coast port operators and union dockworkers are up against a Jan. 15 deadline to come to a new deal. Concessions still seem unlikely on both sides.
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