- Big 50
ID contributing editor Jack Keough provides a roundup of recent news on Amazon's planned fulfillment center expansion.
Atlas Copco intends to split into two listed companies, one focused on industrial customers and the other focused on mining/civil engineering customers.
It's the latest major deal in a flurry of activity in the industrial tools market, as Hitachi has been making power tools for more than 50 years and has...
In the wake of the Linde-Praxair merger, further notable market consolidation may be imminent as Air Products has made a bid to acquire Yingde Gases Group,...
Stanley Black & Decker plans to build a new factory in the U.S. to help produce Craftsman tools — in large part due to uncertainty about international...
Lewiston, ME-based Butler Bros. sells a variety of MRO products and offers a full-line of vending solutions and integrated partnership programs, while...
Stanley B&D expects the deal, valued at $900 million, to generate about $100 million of annual sales growth for approximately the next 10 years.
Having served as vice president since 2011, David Miles has been named president of Fitchburg, MA-based Simonds Saw, effective Jan. 1.
The sale to Switzerland-based Dormakaba AG includes the commercial hardware brands of BEST Access, phi Precision and GMT, which together represented $270...
Despite warnings of possible repercussions from President-elect Donald Trump, the bearings manufacturer says it will go forward with closing its Indianapolis...
In a presentation for financial analysts, GE said it plans to sell its Industrial Solutions business, which supplies equipment to the electrical distribution...
The Wall Street Journal's monthly survey of economists says that while the U.S. will add about 50,000 manufacturing jobs by the end of 2019, the pace is...
Terms of the deal were not disclosed for the business that has annual global sales of about $45 million and employs approximately 140 employees.
Along with calling out bearings maker Rexnord on Friday for its planned move to Mexico, the President-elect also reaffirmed his position with a series of...
Thirty-five year company veteran Mark Place has become the new vice president of business development for the hydraulic fittings and adapters maker, with Brian...
Initial talks between the two companies were near completion in September when they broke down, but talks may begin next week that could create the world'...
Littelfuse COO and 31-year veteran Dave Heinzmann will become CEO on Jan. 1, at which time current chief executive Gordon Hunter will become executive chairman.
Koch Industries is reportedly nearing a deal to acquire a a significant minority stake in ERP software provider Infor. It could be announced as early as next...
Nick Talarico, who joined the company in 2009, replaces the retiring Jay Brown, effective Nov. 14.
Late last year, many distributors and manufacturers said they expected slow to flat sales in the first half of 2016 and then a rebound in the second half....
In its Q3 earnings report Thursday, the tool maker indicated that its three-year “self imposed” hiatus of M&A activity is coming to an end and the recent $...
The 230,000 square foot facility in Greenwood, IN will serve as headquarters for Würth Service Supply and divisional headquarters for Würth Industry North...
A team of veteran industrial distribution executives has formed a new company, AgoNow LLC, a pure industrial wholesaler and channel solutions provider based in...
Parker's CEO is optimistic that end markets are progressing toward stabilization, evidenced by the company's quarterly order rates turning positive...
Altra Industrial Motion Corp., a global manufacturer and marketer of electromechanical power transmission components and motion control products, posted a...
Motion Industries, the industrial distribution arm of the Genuine Parts Company, has reported that its Q3 sales were down 0.7%.
Grainger posted another small decline in the U.S. and sizable drop in Canada, while U.K.-based Cromwell continues to strongly boost its 'other business...
One week after Newell Brands announced it was selling off 10 percent of its business, Stanley Black & Decker announced Wednesday it is buying those...
In a letter to NetSuite's board, its largest shareholder said the $109 per share offered by Oracle undervalued the company, in part because “potential...
Private investment firm JVA Partners LLC is selling its KMC Holdings Group — which includes Kennedy Manufacturing — to Cornwell Quality Tools Co. Both Kennedy...
Genuine Parts Company has remained hot on the acquisition trail, announcing acquisitions this week for subsidiaries Motion Industries and EIS Inc.
EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company, has acquired Communications Products and Services (CPS), headquartered in Englewood, Colorado.
Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing average sales for HARDI...
Newell Brands says it will sell about 10 percent of its portfolio, including its popular Irwin and Lenox tool brands, as well as its winter sports businesses.
Singer Equities has acquired Future Hydraulik, Inc. headquartered in Laval, Quebec, Canada.
Haggard & Stocking Associates, Inc. has acquired Evansville, IN-based Imperial Fastener and Industrial Supply, Co., a full line industrial supply company...
See ID contributing editor Jack Keough's observations about this year's Big 50 List of the largest industrial distributors, including a change in...
Forecasts of strong growth in commercial construction is good news for distributors serving the construction and MRO markets, but those outlooks are tempered...
Following global investment firm KKR's completed its acquisition of Epicor Software, Epicor has expanded the responsibilities of its executive leadership...