The deal nets Watsco 25 Sunbelt locations and $230 million in added revenue.
Two new lawsuits filed in April expand antitrust claims against major HVAC OEMs, alleging a multi-year price-fixing scheme that overcharged contractors and distributors — building on a similar class action first filed in March.
FIS serves a range of industrial sectors that include oil and gas, renewables, marine, hospitality and logistics.
The electric motor and air moving subsystems maker named longtime Schneider exec Aamir Paul as CEO, signaling continued focus on automation, electrification and power transmission — key markets for fluid power and hose & rubber...
The acquisition expands Tencarva’s reach in municipal end markets in Texas and Oklahoma.
GPC’s industrial segment delivered strong 1Q growth — outpacing automotive — as the company advances plans to split its businesses into standalone public entities by early 2027.
PMA’s latest business conditions report showed relatively flat movement for near-term outlook, with a modest decrease in monthly shipping levels offset by higher expected near-term orders.
Acquired from Madsen & Howell, it’s A&M’s largest addition to-date, and comes on the heels of it launching a new eCommerce website in March.
It’s the second-largest purchase price we’ve ever seen in the market behind Home Depot’s $18 billion SRS deal and caps a remarkable 12-month span of aggressive growth for QXO.
MDM won two Bronze Azbee Awards for its in-depth case study on LINC Systems and a market analysis on the PPE segment.
The buying group tapped a former ABB, Cerrowire and Southwire executive to lead the newly-formed AD division.
Production slowed in most market groups. Declines were partially offset by growth in the output of construction supplies, defense, industrial and space equipment.
