The commercial construction supply distributor announced the asset purchase of Service Construction Supply and its two locations.
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The enterprise software provider this week introduced a variety of new features across the latest release of its ERP Cloud portfolio.
The company reported fiscal 2022 fourth-quarter net sales of $358.9 million and gross margin of $137.5 million.
The designer and manufacturer of precision and specialty-controlled motion products and solutions completed the deal announced May 9.
The company announced new distribution in Northern Ohio, Virginia, Southern West Virginia, North Carolina and South Carolina.
Kaman announced it will acquire Parker’s aircraft wheel & brake division for $440 million.
Summit Electric Supply announced that it has moved its existing Phoenix Service Center to a ‘nearby larger facility.’
The Power Transmission Distributors Association says it has welcomed four new member companies.
‘Fill Your Potential’ is part of a ‘new inspiring and possibility-driven theme line as part of a communication and marketing campaign,’ Airgas says.
The packaging and janitorial supplies distributor announced the recent acquisition of North Alabama Chemical.
The new location in Grenada County is expected to create more than 800 new jobs when it opens next year.
A new distribution center will stock more than 5,000 electrical products and reduce delivery times to some customers by up to 50%, ABB says.
The Dallas-based vendor and manufacturer rep says it’s the second acquisition in the past six months for TLG’s East Region.
Just miles from its previous headquarters, the new center will ‘foster innovation and encourage a collaborative work environment,’ ADI says.
The Texas-based lifting and rigging leader has teamed up with the Japanese material handling manufacturer.
The innovation division of Stanley Black & Decker said Michelle Bockman has been appointed president.
Michael Eneberg started his role as vice president and head of global sales on May 1, and Nicolas Dellachiesa be head of M&A in June.
Sales for the first quarter of 2022 were below the $24.4 billion reported during the same period in 2021.
The home improvement company also reported fiscal first-quarter 2022 net earnings of $4.2 billion.
The Linden, New Jersey-based electrical distributor has named Robert Carr and Robert Del Guerico each to the position of vice president.
