State officials signal approval as the multinational company says it will add 600 new jobs at its plant in Clinton, Tennessee, by 2025.
The Columbus-based industrial distributor and service provider has a new logo and a new name: OTC Industrial Technologies.
The Georgia-headquartered company says the move supports its desire for ‘corporate sustainability’ in the copper industry.
The Winona, Minnesota-based distributor topped $6 billion in net sales for the year, including more than $1.5 billion in 4Q 2021.
The company says the recently closed Series A funding will help it expand AI-powered growth platform for distributors.
The new capital will be used to develop its e-commerce platform and software development for sales teams and technician staff.
The St. Louis-based electrical, communications and data networking distributor said SVP and CFO Scott Clifford will retire in June.
The middle-market private equity firm sold its majority interest in Rosboro Holdings, Inc. to One Equity Partners.
PTDA welcomed an industrial chain and manufacturing-solution company and a provider of torque limiters, shaft couplings and safety brakes.
The Cincinnati-based supplier of complete hardware solutions is building a 450,000-square-foot facility in the city of Shannon.
The distributor of industrial products and MRO supplies says it reached an agreement with OMNIA Partners to serve the public sector.
Heating, Air-conditioning & Refrigeration Distributors International says the average annual sales growth through November is 23.3%
