Sweden-based OEM has 34 operating business units in 15 countries across Europe and in China.
Latest In Power Transmission/Motion Control/Fluid Power
The distributor also announced the pending March succession for its CFO position.
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.
Meanwhile, the bearings maker posted its 3Q results, made an Australasia acquisition and updated on its Automotive separation.
Sterling Heights, MI-based D.F. Burnham is a distributor of hydraulic and pneumatic components.
Stoney Creek Hydraulics is a manufacturer of hydraulic and pneumatic cylinders and offers repair services to its customers.
CRC is a distributor of polymer sealing solutions and related services.
The company reported a slight increase in sales to $1.1 billion, driven by acquisitions, offset by mixed demand trends.
PTDA and BSA expanded PIE, a product information platform for industrial manufacturers and distributors, to 32 offerings.
Year-over-year sales and profit continued to slide at Motion, reflecting challenges in the industrial sector.
PTDA strengthened its support for distributors in the power transmission sector with the addition of ComInTec, UNIMEC and BearingBank.
IDCO strengthened its network and offerings with new partnerships in fluid power, industrial hose and marine solutions.
A 30-year company veteran — most recently a regional manager — succeeds former VP of Sales Dave Humphry.
TIPCO enters the Midwest market and enhances its customer base by partnering with Illinois-based Alliance Hose & Rubber.
MCE expands its footprint in the upper Midwest U.S. with three ParkerStore locations in North Dakota, South Dakota and Montana.
PTDA expands its membership, enhancing its network with a focus on growth and innovative solutions in the distribution industry.
The report reveals advancements in sustainability reflecting the company’s commitment to its business values.
The promotions are for the distributor's western U.S. and west coast sales regions.
The partnership expands TIPCO’s onsite hydraulic and industrial hose services in the U.S.
