The agreement cements Aberdeen Dynamics' first-ever acquisition.
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PTDA named Chris Bursack as the 32nd recipient of its Warren Pike Award for lifetime achievement in the PT/MC industry.
Critica is a specialized supplier of maintenance, repair and overhaul (MRO) composite solutions.
The acquisition of Spokane, Washington-based Edge Construction Supply furthers NEFCO's expansion to the West Coast with nine new locations.
Singer Industrial joined forces with Hotsy Equipment of Colorado and Wyoming headquartered in Greeley, Colorado.
Power transmission distributor Purvis Industries acquired Torque Drives, an industrial distributor of power transmission components and more.
MCE acquired Georgia-based motor control and drive distributor Applied Industrial Controls and systems integrator Engineered Systems Group.
Marietta, Georgia-based building products distributor BlueLinx reported a 24% decrease in sales revenue in the third quarter of 2023.
'Economic activity expanded at a strong pace in the third quarter,' the central bank said in a statement Nov. 1.
In its sixth deal of the year, Singer Industrial joined forces with North Carolina-based Viking Hose and Fittings.
It gains Offen a strong foothold to continue growing in the Texas and surrounding markets.
Construction and building materials distributor Beacon opened three new locations to serve contractors and lumberyards.
AD noted that 80 new companies joined the group in the year’s first nine months, half of which came via acquisitions by existing members.
Midway brands itself as the Mid-Atlantic's largest independent distributor of power transmission products and industrial supplies.
The acquisition of Advanced Industrial Supply is part of a flurry of acquisition activity in recent years to expand into new categories.
Graybar's net sales were a 3Q record, but growth is down from the numbers recorded in the first and second quarter of 2023.
Following 2 consecutive monthly decreases, new orders increased $13.2 billion (or 4.7%) to $297.2 billion, the Census Bureau said.
It dwarfs the 2.1% growth seen in 2023's second quarter.
Parker Hannifin's Board elected COO Andrew Ross as the company's President, and elected CEO Jennifer Parmentier as Chairman.
Four manufacturing companies will merge to create a single-source provider of full-service manufacturing and fabrication solutions.