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Staffing Changes
Grainger's Online Business Head Leaving Company Feb. 1
David Rawlinson, president of Grainger Online Business since late 2015, will become CEO of Nielsen Global Connect on Feb. 3.
Mergers & Acquisitions
Mergers & Acquisitions
Midland Industries Acquires Stainless Adapters
Mergers & Acquisitions
Material Handling Supplier Crosby Acquires Feubo
Mergers & Acquisitions
Power Grid Components Makes Acquisition
Mergers & Acquisitions
Wajax Acquires Northpoint Technical Services
Mergers & Acquisitions
Midland Industries Acquires Stainless Adapters
Mergers & Acquisitions
Material Handling Supplier Crosby Acquires Feubo
Crosby, a supplier of lifting, rigging and material handling hardware, has acquired Hattingen, Germany-based offshore mooring component supplier Feubo.
Mergers & Acquisitions
Power Grid Components Makes Acquisition
Royal manufactures substation and transmission group-operated disconnect switches, substation and distribution hookstick disconnects and substation power connectors.
Home
December US Consumer Prices Up 0.2%
Over the past year, consumer inflation is up 2.3 percent.
Home
US Axes China's Currency Manipulator Label
The action comes five months after the Trump administration had branded China a currency manipulator.
Company Expansion & Consolidation
Valve Supplier DeZURIK Opens New Facility
Opened Jan. 6 in Leduc, Alberta, the new 15,000-square-foot facility is a rapid fulfillment and service center for the Sartell, MN-based valve maker.
Economy
Nov. Mfg Technology Orders Fall Further
The Association for Manufacturing Technology noted that November's numbers reflects an aggressive move by sellers to reduce inventory before the end of the year.
Mergers & Acquisitions
Wajax Acquires Northpoint Technical Services
NorthPoint was formed in 2018 as a national electro-mechanical services provider and serves a broad range of resource and industrial customers.
Staffing Changes
Laclede Chain Details its Restructuring
Get the details of the St. Louis-based chain and accessories supplier's recent overhaul of its sales leadership team.
Mergers & Acquisitions
Aero Suppliers Woodward, Hexcel to Merge
The new company, called Woodward Hexcel, will generate more than $5 billion in annual sales with a market capitalization nearing $14 billion.
Home
Lubrication Accessory Kit
The lubrication accessories are compatible with all standard grease guns, grease pumps and dispensing devices.
Mergers & Acquisitions
Malish Corp. Acquires Abtex Corp.
Based in Dresden, NY, Abtex is a producer of customized, integrated machine and brush deburring solutions for the manufacturing industry.
Mergers & Acquisitions
Volaris Group Acquires Tribute
Based in Hudson, OH, Tribute Software provides integrated ERP software solutions to help industrial distributors.
Home
Boeing Supplier to Cut 2,800 Jobs in KS
Tied to the grounding of the Boeing 737 Max, the layoffs threaten to hurt a state economy that's been solid for months.
Associations
Registration Opens for GAWDA's SMC
Held in Austin, TX, the Gases and Welding Distributors Association's (GAWDA) annual Spring Conference features a trade show and 12 engaging educational sessions.
Staffing Changes
Acuity Brands Appoints New CEO
The lighting and building products supplier said that Neil Ashe will become its next president and chief executive officer effective Jan. 31.
Home
US Adds 145K Jobs; Unemployment at 3.5%
Manufacturing companies added just 46,000 jobs in all of 2019.
Home
World Bank Sees Small Global 2020 Rebound
In an updated economic outlook released Wednesday, the World Bank forecast the global economy will grow 2.5% this year.
Earnings
Anixter Says WESCO's Offer is Better
It's the latest development in a bidding battle for Anixter between electrical/industrial distributor WESCO International and private investment firm Clayton, Dubilier & Rice.
Home
China's Economy Czar to Sign Trade Deal
Vice Premier Liu He, Beijing’s chief envoy in talks with Washington over their tariff war, will lead a delegation to Washington from Monday through Wednesday.
Company Expansion & Consolidation
Kennametal Gives Restructuring Update
The metalworking products supplier has completed closures of its plants in Lichtenau, Germany and Irwin, PA, and has decided to downsize its Essen, Germany plant instead of closing it.
Mergers & Acquisitions
Fullerton Tool Acquires Carbro Corp.
Based in Lawndale, CA, Carbro is a fellow supplier of solid carbide rotary tools.
Mergers & Acquisitions
Imperial Dade Adds American Paper & Plastics
The news comes two days after the foodservice and janitorial products distributor announced the addition of Wagner Supply Company.
Mergers & Acquisitions
Sandvik Acquires Thermaltek
With $13 million in 2019 sales, Concord, NC-based Thermaltek adds to the Kanthal business under Sandvik's Materials Technology segment.
Mergers & Acquisitions
Optronics Acquires USA Harness
The move is the latest for Optronics in its business broadening beyond commercial vehicle lighting.
Company Expansion & Consolidation
City Electric Supply Opens 500th US Store
CES has added 400 US stores in just under 20 years.
E-Commerce
Regal PT Products Migrate to New Website
Power transmission product content from three separate websites has been consolidated into one new, mobile-friendly Regal Beloit website.
Home
US Trade Deficit Falls 8.2% in Nov.
Shrinking to $43.1 billion, November showed the smallest deficit since October 2016.
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