The deficit was $85.5 billion in May, down $1.1 billion from $86.7 billion in April, the Census Bureau and Bureau of Economic Analysis said.
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The workshop solutions provider WD-40 Company announced that it will appoint Sara Hyzer as its new chief financial officer.
Valley said the acquisition will provide the company with a 30% revenue growth and expand its reaches in the U.S.
The retail giant will charge extra fees to some of its suppliers to transport goods to its warehouses and stores, according to reports.
The deal will enable Continental to strengthen its Conveying Solutions business in the agricultural industry, the company said.
The merger has created a new division called AD Canada and brings 26 independent Canadian distributors with 46 locations into the AD family.
David Ruggles, Martin Supply Company president, has been named chair of the ISA board of directors for the 2022-23 term, the association said.
The features address unique requirements of B2B customer relationships and transactions in manufacturing and distribution, Aliaswire said.
Herbold will join the Coperion and Rotex brands as part of Hillenbrand's Advanced Process Solutions (APS) segment.
Tundra Process Solutions Ltd. acquired the valve business Powell Canada Inc., which specializes in valve sales, service and support.
Fluid-Press develops and manufactures hydraulic valves and manifold blocks for agricultural machinery and other industries.
Masonite International Corporation announced the opening of a new manufacturing facility in Stoke-on-Trent, England.
Nick Ruetz has been elected president of the National Fastener Distributors Association for the 2022-23 term.
The company reported fiscal 2022 third-quarter net sales of $958.6 million for the three-month period ended May 28.
The program is expected to provide associations and buying groups access to educational events, networking opportunities and exclusive group discounts.
At 350,000 square feet, the center will include clinical supply capabilities for surgical kitting, procedure tray assembly and sterilization.
Emily Shields has been with MRC since 2013 as a leader in the company’s litigation and compliance efforts as well as other corporate matters.
The sale encompasses pipeline services and equipment businesses, which generated combined revenues of approximately $140 million in 2021.
The transaction is expected to close during the third quarter of 2022 and is subject to customary closing conditions, Sandvik said.
The acquisition allows NSI to expand into the electrical, HVAC and building technologies markets, the company said.