Florida-based AFI is a distributor of latches, fasteners and hardware products and solutions with locations in five states.
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The funding enhances demand-generation capabilities and strengthens customer relationships, driving sales growth of up to 300%.
The new education director will lead the development of ISA efforts to provide education and training resources.
Elliot Investment urged the company to split into two separate entities, claiming the separation could significantly boost share prices.
The company announced that President and CEO Jay Geldmacher will retire in 2025 as the company prepares for CEO succession.
To help find and source new investments, the private investment firm adds the CEO Anixter had at the time it merged with Wesco.
September orders expectedly had a boost from the biennial IMTS event, but less than usual.
DXP expands its reach in the water treatment and vacuum pump markets, with both acquisitions enhancing its product offerings.
September inventories were down 0.2% from August, and down year-over-year.
The new SVP of sales will leverage his 27 years of industry experience to lead the company’s sales strategy.
Operations are expected to begin in the first quarter of 2025.
We won't deploy a newsletter Monday in observance of Veterans Day in the U.S., so it'll be back in action Tuesday morning.
The new facility supports the company’s growth strategy, expands its geographic reach and enhances services in the Pacific Northwest.
While half the size of the September rate cut, it shows further confidence in continued economic growth and eased inflation.
The longtime PT/MC industry sales leader garnered PTDA's Warren Pike Award, which is the association's lifetime achievement honor.
The new executive will build the company’s AI function, which will impact route optimization, robotics and automation.
It suggests that broader demand for industrial and construction supplies remains subdued heading into 2024's closing months.
The company launched a new logo and website as it aims to drive innovation in hydraulic, electromechanical and pneumatic technologies.
PTDA added A&M Supply Inc. and Helix Linear Technologies as its newest members.
