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Industry News
To improve lead time accuracy, Border States electrical supplies distributor will implement a AI-based prediction tool.
Machining components manufacturer Bishop-Wisecarver aims to expand its market presence in linear and rotary motion solutions.Â
The two Michigan-based electrical and industrial products distributors are now officially members of the Sonepar family of companies.
A new location in Columbis is the sixth overall for the distributor of industrial hose, fittings and accessories.
With this acquisition, US LBM now operates 12 locations in Northern California, including three structural component manufacturing facilities.
It’s already the company’s eighth acquisition announced in 2024.
While sales growth slowed sequentially, it was another record quarter for the electrical and industrial supplies distributor.
Growth in DEWALT and Engineered Fastening was more than offset by lower infrastructure volume and "muted consumer and DIY demand."
As the distributor's largest revenue segment, Industrial Parts outperformed the rest of the business.
The acquisition of General Machinery expands MCE's territory coverage and deepens its automation and rotating equipment solution offering.
TricorBraun will expand its Australia and New Zealand footprint, which it first established through acquisition in 2021.
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