Latest In Power Transmission/Motion Control/Fluid Power
Including the Thermax/Raydex acquisition, sales increased 6.4 percent.
CEO: Pentair continues to see strength in North American residential construction.
American Industrial Partners will pay $375 million for the business.
North American diversified industrial segment sales decreased.
Acquisition is in line with RBC’s strategy of expanding its product portfolio into aerospace markets.
The acquisition of Jackovich Industrial and Construction Supply adds four new Alaska locations.
The role will include purchasing/distribution, inventory management and sales responsibilities.
SKF CEO: Acquisition highlights company’s commitment to the North American market.
The bearings and power transmission business will continue to operate as The Timken Co.
The power transmission industry expanded at a slower pace than in the first quarter.
G&H is headquartered in Glasgow, Scotland.
Pending further grid development, some markets wont reach full potential.
Actuant paid $225 million for the offshore oil and gas equipment and services company.
Acquisition expands Allied Motion’s global reach and complements existing product offerings.
Edwards vacuum solutions are used in manufacturing processes.
The acquisition expands RBCs existing product portfolio.
