It’s the latest economic indicator that demand remains subdued in the U.S. manufacturing sector.
Latest In Manufacturing
Parker Hannifin’s divestiture of several businesses in the past three years totals nearly $450 million in annual sales.
Q2 growth driven by DEWALT, Outdoor Products and Engineered Fastening was offset by SBD's divested Infrastructure segment earlier this year.
Former Fastenal and NTK Cutting Tools sales pro Keith Brown takes over ownership of the Ohio-based agency.
The company's Safety & Industrial business unit saw a reversal from 1Q's organic decline.
FALL SAFE specializes in manufacturing personal protective equipment.
The unit includes in-house design and manufacturing of coil-wound heat exchangers and related equipment.
Monish Patolawala has been with the company since 2020 and was appointed as 3M President last year.
API expands US LBM’s structural component manufacturing capabilities to better serve its customers across the Midwest.
The addition of RGD expands Arclin's product offerings and adds to the growing list of markets the chemical maker serves.
EXAIR said its acquisition of a spray nozzle and spray systems manufacturer will enhance product offerings and value for distributors.
Honeywell says CAES will enhance its defense tech solutions across land, sea, air and space, including new electromagnetic defense solutions.
A middle-market PE firm will acquire and expand air management and filtration solutions manufacturer Air Distribution Technologies.
The addition of Main Filter gives German-based Hengst the ability to supply customers in North America through local production.
The acquisition of a South Carolina-based fastener manufacturer supports Portland Bolt’s expansion into the Southeast.
Andrew Stamp takes over sales leadership of the 117-year-old manufacturer.
Following close of ILC Dover, flow creation and industrial product maker Ingersoll Rand acquired three manufacturers for about $150 million combined.
Five Milwaukee Tool executives will take over Steven Richman's duties as he moves to lead the tool maker's Hong Kong-based parent company TTI.
Hydraulic and pneumatic fitting distributor Brennan has established a local presence in Mexico to align with customer operations.
James Michaud will succeed Michael Leach as the precision and specialty motion, controls and power manufacturer's CFO.
