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Midland Industries Acquires Stainless Adapters

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Material Handling Supplier Crosby Acquires Feubo

Crosby, a supplier of lifting, rigging and material handling hardware, has acquired Hattingen, Germany-based offshore mooring component supplier Feubo.

Power Grid Components Makes Acquisition

Royal manufactures substation and transmission group-operated disconnect switches, substation and distribution hookstick disconnects and substation power connectors.

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December US Consumer Prices Up 0.2%

Over the past year, consumer inflation is up 2.3 percent.

In this April 25, 2018, file photo, attendees visit the Ford booth during Auto China 2018 show held in Beijing, China. China’s government says it will postpone planned punitive tariffs on U.S.-made automobiles and other goods following an interim trade deal with Washington.Sunday, Dec. 15, 2019’s announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and to cut in half penalties that already were imposed.

US Axes China's Currency Manipulator Label

The action comes five months after the Trump administration had branded China a currency manipulator.

Valve Supplier DeZURIK Opens New Facility

Opened Jan. 6 in Leduc, Alberta, the new 15,000-square-foot facility is a rapid fulfillment and service center for the Sartell, MN-based valve maker.

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Nov. Mfg Technology Orders Fall Further

The Association for Manufacturing Technology noted that November's numbers reflects an aggressive move by sellers to reduce inventory before the end of the year.

Wajax Acquires Northpoint Technical Services

NorthPoint was formed in 2018 as a national electro-mechanical services provider and serves a broad range of resource and industrial customers.

Laclede Chain Details its Restructuring

Get the details of the St. Louis-based chain and accessories supplier's recent overhaul of its sales leadership team.

Aero Suppliers Woodward, Hexcel to Merge

The new company, called Woodward Hexcel, will generate more than $5 billion in annual sales with a market capitalization nearing $14 billion.

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Registration Opens for GAWDA's SMC

Held in Austin, TX, the Gases and Welding Distributors Association's (GAWDA) annual Spring Conference features a trade show and 12 engaging educational sessions.

Acuity Brands Appoints New CEO

The lighting and building products supplier said that Neil Ashe will become its next president and chief executive officer effective Jan. 31.

In this Oct. 1, 2019 file photo, Gabriel Picon, right, talks with a representative from GameStop during a job fair at Dolphin Mall in Miami.

US Adds 145K Jobs; Unemployment at 3.5%

Manufacturing companies added just 46,000 jobs in all of 2019.

In this Oct. 19, 2019, file photo, members of the International Monetary and Financial Committee (IMFC) meet at the World Bank/IMF Annual Meetings in Washington.

World Bank Sees Small Global 2020 Rebound

In an updated economic outlook released Wednesday, the World Bank forecast the global economy will grow 2.5% this year.

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Anixter Says WESCO's Offer is Better

It's the latest development in a bidding battle for Anixter between electrical/industrial distributor WESCO International and private investment firm Clayton, Dubilier & Rice.

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China's Economy Czar to Sign Trade Deal

Vice Premier Liu He, Beijing’s chief envoy in talks with Washington over their tariff war, will lead a delegation to Washington from Monday through Wednesday.

Kennametal Gives Restructuring Update

The metalworking products supplier has completed closures of its plants in Lichtenau, Germany and Irwin, PA, and has decided to downsize its Essen, Germany plant instead of closing it.

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Fullerton Tool Acquires Carbro Corp.

Based in Lawndale, CA, Carbro is a fellow supplier of solid carbide rotary tools.

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Imperial Dade Adds American Paper & Plastics

The news comes two days after the foodservice and janitorial products distributor announced the addition of Wagner Supply Company.

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Sandvik Acquires Thermaltek

With $13 million in 2019 sales, Concord, NC-based Thermaltek adds to the Kanthal business under Sandvik's Materials Technology segment.

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Optronics Acquires USA Harness

The move is the latest for Optronics in its business broadening beyond commercial vehicle lighting.

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City Electric Supply Opens 500th US Store

CES has added 400 US stores in just under 20 years.

Regal PT Products Migrate to New Website

Power transmission product content from three separate websites has been consolidated into one new, mobile-friendly Regal Beloit website.

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US Trade Deficit Falls 8.2% in Nov.

Shrinking to $43.1 billion, November showed the smallest deficit since October 2016.