The sale includes iPower-Packer, Elliott Manufacturing, Weasler Engineering, CrossControl, Maximatecc and Gits Manufacturing.
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Beam IT is a leading provider of metal additive manufacturing services and advanced end-use components.
Coperion will become the largest company in Hillenbrand's Process Equipment Group.
Monroe Capital LLC provided financing for the acquisition.
Mike Rode previously served as vice president of sales for Viking Electric Supply.
PartsPoint is a distributor of automotive aftermarket parts and accessories in the Netherlands.
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MDM’s top news briefs from News briefs from June 26 – July 10, 2019.
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Sales were up 6.6% in the first nine months.
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WESCO International is using the cloud-based Descartes Route Planner On-demand solution to help customers enhance delivery services and supply chain performance.
The acquisition, Core & Mains seventh since becoming an independent company in August 2017, adds more than 20 fire protection locations to Core & Mains footprint.
Workers in Minnesota are planning to strike during Prime Day on July 15, one of the companys biggest sales events.
Troy Dally previously served as a senior vice president at Lowes.
Matrix Composites will expand ITT Connect and Control Technologies core aerospace product and technology capabilities.
The unemployment rate was little changed at 3.7% during the month.
Management from both companies have started working together to offer superior services to customers and partners across France.
Industrial distributors are making customer expectations a priority.
Year-to-date, the goods and services deficit increased 6.4% from the same period in 2018.
The buying group hosted over 180 attendees from 114 AD member owner distributors and service providers.
The June PMI registered 51.7%, a decrease of 0.4% from the May reading.
