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Applied Industrial Technologies Acquires Automation Inc.
Automation Inc. has advanced capabilities in machine vision, pneumatic automation and value-added assembly services and engineered solutions.
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Applied Industrial Technologies Sales Up 19.1% in Fiscal 2023 First Quarter
Organic sales growth was 20.3% in the Service Center segment and 17.8% in Engineered Solutions.
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Global Industrial Opens Distribution Center in Toronto, Canada
New DC provides additional capacity to support growth in Canada for Global Industrial.
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ISM: Manufacturing Expands in October
Manufacturing expands at the lowest rate since the pandemic recovery began.
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Crescent Electric Acquires Lowe Electric Supply
Lowe Electric serves customers out of 13 locations across Georgia and South Carolina.
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Stellar Industrial Supply Acquires One Way Industrial Supply
One Way has locations in Goleta, San Luis Obispo and Ventura, Calif.
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Amazon Sales Up 15% in Third Quarter of 2022 to $127B
Amazon’s North American segment increased sales by 20% year over year to $78.8 billion.
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Endries International Appoints New President and CEO
Michael Knight will be the distributor’s new leader, effective Nov. 28, 2022.
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September Construction Spending Up 10.9% YOY
During the first 9 months, construction spending was 11.4% higher than the same period in 2021.
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Affiliated Distributors Member Sales Up 26% Through First Nine Months
AD reported record member sales of $55.8 billion through the first nine months of 2022.