More than 500 power transmission/motion control (PT/MC) executives are expected to convene at the Power Transmission Distributors Association’s (PTDA’s) Industry Summit “Big Ideas to Steer Your Business.”
Applied Industrial Technologies announced the availability of its 2012 / 2013 Applied Product Catalog with more than 2,000 new products.
MSC Industrial Direct reported net sales rose 15.0% to $612.0 million, compared with $532.4 million in the prior year period.
Lawson Products announced a strategic restructuring plan that includes eliminating 100 positions and negotiating a new $40 million credit facility.
The Chicago Fed Midwest Manufacturing Index decreased 1.0% in May, to a seasonally adjusted level of 93.4.
H.B. Fuller Company reported second quarter net income of $1.9 million, or 4 cents per diluted share, compared to $25.1 million, or 50 cents per diluted share, in last year's second quarter.
Osborn announced that its has relocated all manufacturing of its popular Load Runners idler roller line to the company's existing factory in Richmond, Ind.
Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) decreased to -0.45 in May from +0.08 in April.
Industrial Supply Plus Inc. (IBC) formally announced the appointment of Ron Nuñez as president of the Hartford-based supply chain management company.
Praxair Distribution Inc. announced the opening of a new store in Warwick, R.I., that will meet the growing demand for packaged gases and related products.
U.S. manufacturing will leverage solid first quarter momentum to a significant growth increase in 2012, according to the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) U.S. Industrial Outlook.
Descours and Cabaud Inc., a French industrial and steel distributor, has purchased a controlling interest in BMG Metals Inc., a Richmond, Va.-based steel service center.
MSC Industrial Direct announced plans to co-locate its corporate headquarters in Davidson, N.C., in addition to its current location in Melville, N.Y.
The monthly Economic Indicators Report (EIR) from the Industrial Supply Association increased significantly in May, following two months of slower growth.
Dorner Mfg. Corp., a designer, manufacturer, and supplier of conveyor systems and components parts, has been acquired by the private equity firm Incline Equity Partners.
WESCO International Inc. announced that it has entered into a definitive agreement to acquire Conney Safety Products LLC.
Industrial production edged down 0.1 percent in May after having gained 1.0 percent in April.
Snap-on Incorporated honored the country’s wounded warriors, hosting the annual "Soldier Ride" at its corporate headquarters in Kenosha, Wis.
HD Supply Facilities Maintenance has entered into a definitive agreement to purchase Peachtree Business Products.
sia Abrasives has opened a new manufacturing plant for coated abrasives at its headquarters in Frauenfeld, Switzerland.
Mallory Safety and Supply has acquired the ENSA North America training division of Airstreams Renewables Inc.
High-profit power transmission distribution firms had sales of $35.8 million in 2011 and a pre-tax profit of 6.8 percent.
Houston-based GHX Industrial LLC has acquired Abilene, Texas-based Key City Warehouse Sales.
April U.S. manufacturing technology orders totaled $410.42 million, 2.9% higher than the same month a year ago.
Grainger reported sales results for the month of May increased 13% versus May 2011.
Despite a 14.2% sales gain for the first quarter of fiscal 2012, HD Supply posted a loss of $376 million.
WESCO Distribution Inc. announced a plan to acquire Trydor Industries (Canada) Ltd., headquartered in Surrey, British Columbia.
Manufacturing sector productivity rose 5.2 percent in the first quarter of 2012, as output grew 10.0 percent and hours worked increased 4.6 percent.
MRC Global Inc. signed an agreement to acquire Cherokee, Oklahoma-based Chaparral Supply LLC, a wholly owned subsidiary of SandRidge Energy Inc.
Bearing Distributors Inc. announced its acquisition of Spokane, Wash.-based Brown Bearing Co.
Airgas Inc. and Praxair Inc. announced the acquisition by Praxair Canada Inc. of five Airgas branch locations in western Canada.
Economic activity in the manufacturing sector expanded in May at a slower pace than the previous month according to the latest Manufacturing ISM Report On Business.
The long-rumored acquisition of Powers Fasteners by Stanley Black & Decker has finally materialized.
The nation's manufacturers added 12,000 jobs in May, continuing a hiring trend that has remained strong for much of the year.
Graybar announced that Kathleen M. Mazzarella has become the company’s 11th president and CEO, effective today.
Kaydon Corporation has agreed to purchase Stoughton, Mass.-based Fabreeka Group Holdings Inc.
Turtle & Hughes Inc. has acquired Mag-Trol Long Beach Inc., a distributor of electrical and automation equipment, supplies and renewal parts based in Long Beach, Calif.
Real gross domestic product increased at an annual rate of 1.9 percent in the first quarter of 2012, according to the Bureau of Economic Analysis.
Robust spending on goods in the first quarter of 2012 is enabling manufacturing to continue leading the U.S. economic recovery.