AIT added a like distributor with about $20 million in annual revenue, while encouraging financials led to raising the lower end of the company’s guidance.
See the association’s roster of directors and Manufacturer Council members for 2026.
As Grimstad’s second acquisition this year, it’s expected to strengthen the fluid power distributor’s ability to deliver complete lifecycle solutions.
PTDA added two new suppliers and welcomed back another.
Pricing’s impact was double that of a quarter earlier, while Applied’s late 2024 acquisition of Hydradyne continues to drive major growth in the company’s Engineered Solutions segment.
The engine maker’s move will result in the lay off of more than 600 FedEx Supply Chain workers at adjacent Cummins DCs in Memphis by the end of October.
Applied reported a solid end to fiscal 2025, with improved demand and a return to organic growth led by its Engineered Solutions segment.
Full-year sales were flat annually, but the company saw orders improve across all divisions in 4Q.
Genuine Parts Company reported modest second-quarter sales growth but lowered its 2025 outlook due to U.S. tariffs and ongoing market uncertainty.
Our highly anticipated annual feature is now available to view and download. Explore our 20 different lists to see distribution’s biggest movers and shakers.
Motion has opened its first Canadian Conveyance Solutions shop in Calgary to expand service capabilities across Western Canada.
Fusion Capital Partners acquired the instrumentation and industrial equipment distributor, with LKCM Headwater Investments retaining a minority stake through reinvestment.
