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Company Expansion & Consolidation
Timken to Shutter Kansas Belt Plant
The Fort Scott location is one of two Timken Belts facilities.
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Mergers & Acquisitions
Core & Main to Acquire Lee Supply
The company also closed on its acquisition of Enviroscape.
December 1, 2023
I Stock 1335040011
Operations
Best Practices for Managing a Company Through High Growth
As the industry adapts to evolving market dynamics, preserving company culture becomes even more vital.
November 30, 2023
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Video
U.S. Steel to Permanently Idle Steelmaking at Ill. Facility
Initially, the company blamed UAW strikes.
November 29, 2023
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Operations
Global Industrial Show Finds Customers in 'Buying Mode'
The distributor also unveiled new, exclusive products at the face-to-face event.
November 29, 2023
I Stock 1452541809
Technology & Software
Amazon Launches AI-Powered Business Chatbot
The company said "Q" can synthesize content, streamline communications and help employees with tasks.
November 29, 2023
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Wesco's Scott Dowell on How to Thrive Amid Challenging Business Conditions
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August 4, 2023
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Security Breach Podcast
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Security Breach Podcast
A new video series from Manufacturing.net - Security Breach, looks to offer the insight and tools needed to ready your company's defenses. Stay up-to-date on today's vital cybersecurity topics by subscribing here.
December 1, 2023
Tipco Hose Center Exterior
Mergers & Acquisitions
TIPCO, HydraTech Announce Merger
The deal will create a leading U.S. fluid conveyance and sealing solutions distributor.
December 1, 2023
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Company Expansion & Consolidation
Ferguson Adds Idaho Distribution Hub
Company officials said the Nampa facility provided "a premier ship hub in the Treasure Valley."
December 1, 2023
Rexel's Prosper, Texas, location.
Staffing Changes
Rexel Appoints Roger Little as CEO of U.S. Operations
He will lead the company's U.S.-Canada "cluster."
December 1, 2023
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Mergers & Acquisitions
CD&R Completes Acquisition of Veritiv
White Cap CEO John Stegeman will serve as the distributor's chairman.
December 1, 2023
I Stock 538617741
Economy
Manufacturing Sector Continues Contraction
November's PMI matched the index from the previous month.
December 1, 2023
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Logistics
Parts Town Expands Same-Day Delivery
The service is now available from more than 125 locations.
December 1, 2023
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Business Technology
Security Breach: Walking the Line
Balancing resources to keep the bad guys out, improve real-time visibility, and develop quicker responses to new attacks.
December 1, 2023
I Stock 1364652121
Operations
The NLRB Hits Keep Coming
Distributors may need to modify and update employee handbooks in light of a recent decision.
December 1, 2023
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Staffing Changes
Martin Names Fastening Executive
Scott McDaniel will lead Martin locations in Mississippi and Tennessee.
November 30, 2023
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Mergers & Acquisitions
May River Capital Acquires of RLE Technologies
The Colorado company provides facility monitoring, leak detection and airflow management products.
November 30, 2023
From left: Hayes, Borrego, Shimer
Staffing Changes
Kodiak Building Partners Promotes 3 Executives
Beau Hayes will lead the company's gypsum division.
November 30, 2023
An Amazon Prime delivery person struggles with packages while making a stop at a high-rise apartment building on Tuesday, Nov. 28, 2023, in Denver.
Economy
Fed Shows Price Pressures Continuing to Cool
The latest measure showed the lowest year-over-year inflation rate in more than 2.5 years.
November 30, 2023
Workers assemble mini excavators in a factory of heavy machinery in Suzhou in eastern China's Jiangsu province on Oct. 23, 2023. An official survey of Chinese manufacturers showed that factory activity contracted for a second straight month in November, an indicator of weak demand even as policymakers have introduced stimulus measures to jumpstart the economy.
Economy
China Factory Activity Contracts for 2nd Straight Month
This comes despite various stimulus measures aimed at supporting the economy.
November 30, 2023
Federal Reserve Board of Governors member Christopher Waller poses for a photo in Washington, May 23, 2022.
Economy
Key Fed Official Raises Possibility of a Rate Cut
The central bank could act as early as next spring if inflation continues to decline.
November 29, 2023