Winterthur manufactures precision grinding technology for use in hard-to-grind applications.
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Many industries saw little change in employment figures for the month.
Economist: With continued weakness in key sectors, it’s ‘hard to feel optimistic about near future.’
Power transmission/motion control manufacturers expanded at a higher rate than distributors.
Wesco’s purchase price for TVC is expected to be approximately $246.5 million, according to CEO John Engel.
Sales in the first nine months were up 2.4% for Graybar.
With the acquisition, Purvis will be opening a new Mt. Pleasant, TX, store.
Lawson Products says Rutland sale is in line with plan to focus on MRO business.
HiscoCan will service the Canadian electronics assembly and industrial markets.
Industrial Distribution segment sales increased 37 percent over third quarter 2009.
Residential construction spending up slightly, offset by a decline in nonresidential spending.
CleanSource had $115M in sales for the 12 months ended Sept. 30, 2010.
The diversified manufacturer posted double-digit sales increases in four of its six business segments.
Growth for the industrial distributor was primarily driven by strategic, government and automotive customers.
In a letter to Air Products, the Airgas Board of Directors reiterated its position that Air Products’ current offer for the gases company is ‘grossly inadequate.’
Fourth-quarter sales were up 30.3% for MSC.
Third-quarter sales for the Swedish manufacturer increased 16.1 percent, driven by increased volume.
Single-family housing starts increased 4.4 percent for the month.
Grainger’s acquisition of SafetyCertified supports service expansion strategy.