E. Scott Santi, ITW’s CEO since 2012, will step down as CEO and will remain Chairman of the ITW Board until March 1, 2024.
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Harrington will continue to operate as a standalone company and be led by its current management team.
Stephan Fulop has joined DSG as its Chief Digital Officer, while Michael Honnoll has joined as Regional General Manager of Minnesota.
A new report reflects a blurring of lines between consumer retail and B2B eCommerce trends, with buyers increasingly expecting the same experience they get as consumers.
Strong member sales were seen across 6 product categories: Janitorial, Safety, Industrial, Restoration, Packaging, & Public Safety.
Fastenal reported its August 2023 sales information, which showed net and daily sales were up 3.6% compared with the same period in 2022.
Prior to becoming a strategic advisor in July, she served as Senior Vice President and Chief Human Resources Officer.
Gateway has annual sales of approximately $180 million and serves approximately 4,000 customers from 15 locations.
The Winsupply Support Services campus in Moraine, Ohio, continues to expand with the purchase of two additional properties.
The 2Q period follows the company's February-April period, in which sales slid 1.5% YoY and increased 49.2% sequentially.
The annual sales growth for the 12 months through July 2023 is 6.2% percent, according to a HARDI news release.
FloChem is a distributor of commodity and specialty chemical solutions from North American manufacturers.
In 2023, Beacon has expanded its branch footprint through the completion of seven acquisitions and 14 new greenfield locations.
Mike Braucher previously served as Vice President of Sales for North American Industrial Products for Continental.
New orders for manufactured goods in July decreased month over month to $12.7 billion, a 2.1% decline from June.
The new plans are expected to support the growing western Pennsylvania and Eastern Ohio markets.
Des-Case's revenue for the calendar year 2023 is expected to be around $40 million, according to a news release.
The addition will increase Singer Industrial’s North America footprint to approximately 90 locations with more than 1,200 employees.
The company again marks its centennial celebration by acquiring two providers of bearings, power transmission and industrial motion products.
Construction spending during July 2023 was estimated at a seasonally adjusted annual rate of $1.97 trillion.
