Interconnect technology sales were up 29 percent in 1Q.
Latest In Power Transmission/Motion Control/Fluid Power
Profit jumps 53 percent to US$99.9 million in first quarter.
Profit decreases 8.6 percent year-over-year in the first quarter.
Acquisition extends companys Southeast footprint and industry focus.
Acquisition expands company's metal working division.
Acquisition expands company's value added services offering.
Purchase expands Dutch distributor's oil & gas customer base.
Purchase expands Purvis' footprint in the Four Corners region.
Acquisition expands Triad's footprint in Northeast Ohio.
Acquisition complements company's processes and expertise.
Company acquires 50% of power transmission/bearing & cutting tools distributor Minetti Group.
Company's new division launches with 27 companies totaling $2.4 billion in annual sales.
Company reports record results for fourth quarter and full-year.
New division has potential to change the competitive landscape for buying/marketing groups.
Subscribers should log-in below to read this article.
Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:
- IDGs Journey to Sonepar
- MDM Interview: Lawson Products Revitalization
- Economic Trends Open Opportunity Windows
New division already taking six members from IDC.
Industry veteran Bill Childers to lead company's new division.
Company posts net loss of $45.2 million for year.
Overall Kaman sales increased 10.9 percent in the quarter.
