Company reports solid growth in fiscal fourth quarter and year-end 2018.
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Distributor promotes three leaders to VP posts, effective January 2019.
Online retailer to add fulfillment center in Metro Vancouver in 2019.
Distributor now has 41 locations across the state, with opening of Ukiah, CA, branch.
Fourth-quarter sales of $301 million reflect strength in companys industrial and energy segments.
Distributor expands in Arizona, now has 11 locations across the state.
FCX Performance, a distributor of parts and equipment into process industries, was acquired by Applied Industrial Technologies this year for $768 million, following 18 years of merger and acquisition activity. FCX reported 2016 revenues of $346 million. In this interview, former FCX CEO Charley Hale discusses how analytics formed the backbone of its growth strategy over 18 years. It was conducted by MDM CEO Tom Gale at MDMs 2018 Digital Summit in Denver on September 20, 2018.
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Chairman and CEO Mark J. Gliebe to retire at the end of 2018; company has begun search for successor.
Distributor appoints Philip W. Keipp vice president and chief financial officer.
Kristopher R. Westbrooks appointed vice president and chief financial officer, effective September 24.
Manufacturer expands with purchase of designer and developer of tooling for robotics and automation applications.
Home improvement retailer to provide $3 million for disaster relief efforts, including Hurricane Florence.
