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Ascent specializes in data center facility and property management, offering solutions for data center operations in the U.S. and Canada.
The PMI reported the seventh consecutive month of contraction, amid weak demand and cautious investment.
AD added 115 new members in the first nine months of the year, which doesn't include the influx of members from the IMARK Electrical merger.
Optimum was a top customer whose contract expired at the end of June. Excluding that, 1Q sales saw double-digit annual growth.
The company raised its outlook for operating margins, driven by strong performance in its Aerospace Systems segment.
Acquisitions earlier in 2024 and prior accounted for a healthy annual sales gain, emphasizing the strategic expansion of its customer base.
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.
The company's WIS unit sale earlier this year drove most of its overall sales decline, while its CSS segment powered narrow organic growth.
The company cited a persistent “broader ecosystem inventory correction” causing a challenging market.
