Led by slower growth in production-related indicators, the Chicago Fed National Activity Index decreased to +0.37.
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MSC Industrial Supply Co. reported fiscal 2022 first-quarter net sales of $848.5 million for the period ending Nov. 27.
The Consumer Price Index has seen its largest 12-month increase in nearly four decades, according to recently released federal data.
The industry has changed the past two years, and embracing cloud-based operations can be vital for distributors in a volatile realm.
The online retail and e-commerce giant says hubs in Austin and Phoenix will create jobs amid expansions taking place over the next few years.
The company made a deal with the distributor of paints, coatings, and supplies for industrial, architectural and other applications.
Sustainable global packaging company says it reached a deal to acquire a leading manufacturer of for food and household products.
The Ohio-based leading distributor of rigid industrial containers acquired the full-line packaging distributor.
The paper-towel and tissue company says its new papermaking complex in Green Bay, Wisconsin, will generate about 150 jobs.
The Colorado company says it has acquired Massachusetts-based company that serves architects, builders, designers and homeowners.
The Michigan-based manufacturer of engineered and applied products announced it has closed its acquisition of Omega Plastics.
St. Louis-based Emerson Electric Co. acquired the wind-power control automation business in an all-cash transaction.
Ohio Transmission Corporation acquired Diversified Pump, the company’s third announced acquisition over the past week.
The Pearlman Group, a portfolio company of The Stephens Group, LLC, announced it has acquired Georgia-based Vector Tools.
The company’s board of directors approved plans to re-buy up to $600 million of common stock through a share repurchase program.
Solve Industrial Motion Group acquired Bearings Limited, a manufacturer of bearings and power transmission components under the Tritan brand.
Privately‐owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,712,000.
The company says it finalized its agreement to acquire Florida-based company Porpoise Pool & Patio, Inc. and its main operating subsidiaries.
Ohio Transmission Corporation acquired the provider of pump lines for commercial, domestic, municipal, industrial and fire markets.
The combined value of distributive trade sales and manufacturers’ shipments for October was estimated at $1,709.1 billion.