U.S. cutting tool consumption totaled $219.2M, according to the U.S. Cutting Tool Institute and Association For Manufacturing Technology.
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The agreement will focus on promoting the expansion of BBI’s stainless steel lines, according to a news release.
Vermont-based electrical distributor Green Mountain Electric Supply has made its eighth acquisition in less than three years.
Timken's acquisition of iMECH enables the bearings manufacturer to increase its product breadth and provides cross-selling opportunities.
Manufacturer representation agency The Lawless Group named Jay Drummond President of its industrial and MEP market verticals.
Pump, compressor and vacuum equipment manufacturer Atlas Copco added three distributors to its compressor business.
Industrial distributor Vallen was recognized for its "groundbreaking" ESG program, dedicated to building a diverse and inclusive culture.
Nonresidential construction input prices increased 0.2% for the month as well, according to Associated Builders and Contractors.
The acquisition of foodservice equipment distributor DON will add new capabilities and diversified offerings for Sysco customers.
MiddleGround Capital, which invests in lower middle market industrial B2B and specialty distribution companies, has made Christopher Speight Partner.
The annual sales growth for the 12 months through August 2023 was 5.7%, according to HARDI.
Industrial supplies distributor Ferguson held absolute emissions steady against its increasing revenue in fiscal year 2023.
DPA Buying Group's alliance with Federated Auto Parts will create new distribution opportunities for DPA’s preferred suppliers.
Industrial supplier Kimball Midwest's Newtown Distribution Center serves customers in the northeastern region.
Despite rising project financing costs, contractors report lofty backlog, rising employment, expanding sales and stable profit margins.
Foodservice distributor Performance Food Group Co. started operations at its 332,000-square-foot distribution center in Richmond, Virginia.
Michael Krupnicki was appointed President of the American Welding Society to succeed Dennis Eck.
More than 900 AD members attended the 2023 AD North American Meeting — Industrial & Safety — U.S. and Safety Network Divisions in Colorado.
The industrial distributor acquired Big Red Fasteners in 2022 as part of its long-term growth initiative.
The Melville, New York-based MRO product and service distributor first announced its reclassification plan in June.