June U.S. cutting tool consumption up by 2.2 percent... more

Total of $175.9 million was up 0.3% from May’s $175.4 million and up from $172.1 million reported for June 2021

Distribution Solutions Group reports Q2 loss... more

Net sales grew to $321.3 million including acquisition revenues, coupled with 11.8 percent growth in organic business

Applied's sales grew by 18.5 percent... more

Fourth-quarter 2022 net sales increased to $1.1 billion from $895.9 million in the prior year

MRC Global's sales grew by 24 percent... more

Sales of $848 million in the second quarter improved from $686 million in the same period last year

Sandvik to acquire Sphinx Tools... more

Sphinx primarily offers precision solid round tools (micro tools) and surgical cutting tools

Allied Electronics & Automation acquires Risoul... more

Risoul is a leading distributor of industrial and automation product and service solutions in Mexico