The current Douglas Manufacturing Ltd management team is expected to stay with the company as part of the deal.
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OSHA also is investigating Amazon for allegedly failing to provide adequate treatment for injuries at a fulfillment center in New York.
The two categories are belt drives and bearing accessories & tools, with an additional nine categories in the works.
March orders were up 16.5% over February 2023 orders and just under 2% below March 2022 orders, according to a new report.
Total inventories of merchant wholesalers were $918.5 billion, virtually unchanged from the revised February level.
The new site has been designed to offer a user-friendly experience with improved navigation and functionality, Curbell says.
Frank Crowson will be responsible for leading Northern Tool + Equipment's initiatives involving brand awareness and revenue growth.
The Yokohama Rubber Co., Ltd. has acquired Trelleborg Wheel Systems from the Trelleborg Group for roughly $2.28 billion USD.
Non-farm payrolls rose by 253,000 jobs last month, including 15,000 in the construction industry, according to ABC.
The company reported 1Q 2023 revenue of approximately $2.52 billion, a slight increase compared with $2.4 billion reported in 1Q 2022.
Reina Ohol has been promoted to Senior Vice President of Human Resources for Sonepar North America, the company said.
Andrew Campbell will be responsible for all aspects of US LBM’s technology platform and systems, the company said.
Riordan Materials Corporation and Florida Valve & Equipment Corp. and Environmental MD serve municipal water and wastewater treatment markets.
On a seasonally adjusted annualized basis, nonresidential spending totaled $997.1 billion for the month, according to ABC.
The central bank lifted rates by a quarter of a percentage point but indicated it may pause further increases.
The distributor of rubber sealing products, O-rings, gaskets and associated technical products marks AFC's fourth acquisition in 2023.
The deal will increase Singer Industrial’s North American presence to roughly 85-plus locations with over 1,000 employees.
The construction industry had 341,000 job openings in March, according to an Associated Builders and Contractors analysis of federal data.
The company reported 1Q 2023 gross profit of $98.4 million, down from the $107.8 million reported during the same quarter in 2022.
In the Baird-MDM 1Q Survey, we asked distributors what obstacles they faced when trying to leverage technology. Read the responses here.
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