News

The company reported a decline in 4Q sales and gross margin, impacted by lower core organic sales and ongoing single-family and multi-family margin normalization, respectively.

Facilities Maintenance (MRO)

Article

Motion 4Q U.S. Sales Down, Margin Declines

GPC’s 2024 results show overall sales growth driven by acquisitions and favorable currency impacts, while its industrial parts subsidiary, Motion, continues to face sales declines.

The company reported growth in its eCommerce and mobile apps for both the full year and 4Q, with additional initiatives planned for 2025.

DNOW’s earnings show strong U.S. and Canada sales growth, but a decline in international performance, with the company projecting flat-to-modest growth for 2025.

Power Transmission/Motion Control

Article

New PTDA Leadership Begins 2025 Term

BDI VP Bill Shepard steps into the role of PTDA President, and Sumitomo CX, Product VP Sara Zimmerman begins Manufacturer Council Chair role.