Electricity prices are probably on their way up across much of the U.S. as coal-fired plants, the dominant source of cheap power, shut down in response to environmental regulations and economic forces.
Fastenal Company, a distributor of industrial and construction equipment, announced plans on Tuesday to expand its operations in Indianapolis, Indiana, creating up to 60 new jobs by 2016.
Business moderated somewhat for manufacturer and distributor members of the Industrial Supply Association according to the recent ISA Economic Indicator Report.
Airgas, Inc. has announced that it has signed a long-term agreement to build an air separation unit to supply tonnage oxygen and nitrogen via pipeline to Westlake Vinyls, Inc. at its expanded Calvert City, KY manufacturing complex.
Romi Machine Tools Ltd. has appointed Jones Machinery Inc. as its distributor for Kentucky, Southern Ohio, and Southern Indiana.
xpedx, a business of International Paper and Unisource Worldwide, Inc., have announced that they have chosen the name Veritiv for the leading distribution solutions company that will be created upon completion of their merger.
Honeywell has announced that it has appointed Sach Sankpal as president for Honeywell Safety Products, a part of the Honeywell Automation and Control Solutions’ Life Safety business.
WESCO International has announced that WESCO Distribution, Inc. has entered into a definitive agreement to acquire Hi-Line Utility Supply Company.
Wolseley confirms it is in discussions with subsidiaries of Frauenthal Holding AG to dispose of ÖAG, Wolseley's Austrian plumbing and heating business.
Headwaters Incorporated, a building products company dedicated to improving lives through innovative advancements in construction materials, has announced it has acquired the assets of Metals USA's roofing products business.
The United States, accusing China of vast business spying, charged five military officials on Monday with hacking into U.S. companies to steal vital trade secrets in a case intensifying already-rising tensions between the international economic giants.
Home Depot's fiscal first-quarter net income climbed 12 percent as a key sales metric improved despite a slow start to the spring selling season due to bad weather.
The price of oil rose past $102 a barrel Friday on strong U.S. construction activity and increased tensions in Ukraine.
While the U.S. economy has improved since the Great Recession ended five years ago, part-time and "contract" workers are filling many of the new jobs.
Bel will pay approximately $98 million in cash to acquire the ECS business, which had 2013 revenue of approximately $83 million.
CCMP Capital Advisors, LLC and The Hillman Companies, Inc. have announced that they have signed a definitive agreement under which affiliates of CCMP will acquire a controlling interest in Hillman.
John K. Bakewell has given notice of his resignation in order to accept a position with another company.
MSI services customers in the agriculture, construction, firearm, automotive, aerospace and contract manufacturing industries.
The Spring Leaders Conference includes three components: Governance Meetings for PTDA’s boards, committees and council volunteers, a Leadership Development Conference for up-and-coming young executives and those who want to polish their leadership skills, and a General Education Session.
MasterDrive Inc. has promoted Philip Carlson to the position of Director of Sales and Marketing. Carlson has held a number of executive and sales marketing management positions in the Bearing and Power Transmission industry.