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Timken expands further into the automation and robotic solutions field, after acquiring Cone Drive in 2018, Spinea in 2022 and CGI in 2024.
U.S. unemployment rose to 4.3% in July, higher than a year earlier when unemployment was at 3.5%.
The acquisition of Mexico-based Auge is set to enhance Lamons' ability to meet market demands across a regionally-focused supply chain.
Singer Industrial expands its footprint in North America to more than 100 locations with over 1,500 employees.
It was the second straight monthly decrease after May orders fell 0.5%.
HARDI reports a revenue increase for distributors in June, despite fewer billing days compared to last year.
While anecdotal evidence points to industry improvement in hiring and retention, we polled hundreds of distributors about their turnover rate over the past year across leadership/management and frontline roles.
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It's MCE's 14th bolt-on since the start of 2023.
US LBM now runs 18 locations in Florida including this latest acquisition.
Beacon said pricing and organic volumes drove about 3% combined sales growth during the quarter.
