Total 2012 sales for Kaman increased 7.8 percent over 2011.
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With the acquisition, MSC gains a broader footprint in the U.S. and Canada and access to an established vendor-managed inventory system.
The alliance will operate under the name Sourcepoint Industrial to serve cross-border customers in North America.
Fourth-quarter sales for Motion increased 2.1 percent.
Ferguson Waterworks expands footprint in Hawaii’s water and sewer supply business
December manufacturing technology orders, as reported through the USMTO program, were up 17.8% from November.
Former Carr Supply owners have retained their positions and a substantial equity stake.
Food cost inflation was 2.5 percent for the 13-week period.
Fourth-quarter sales increased 3.5 percent year-over-year.
Grainger’s fourth-quarter sales growth slowed, but sales overall were still up 11% for the year.
Fastenal opened 80 new stores and installed 13,642 new industrial vending machines in 2012.
Global bearing manufacturer is expanding and accelerating its cost reduction program announced in 2010.
Profit increased 5.6 percent to $63.2 million.
FCX Performance plans to continue acquisitions in 2013.
Kaman’s seven branches in Canada had US$20M in annual sales.
The PMI rose 1.2 percentage points to 50.7 percent.
The General Services Administration and the U.S. Postal Service alleged Grainger failed to provide pricing agreed to in the government contracts.
Kaman will become a distributor for Schneider’s industrial automation and control products.
