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Increase is second in a row following the double-digit growth in May, which was preceded by two decreases during the height of the coronavirus crisis.

Industrial fastener and packaging distributor LINC Systems, a platform of private equity firm Center Rock, adds California company to portfolio.

PRI moderates into the mid-single digits with three participants posting revenue gains during the week of July 13-17.

Founding member of AD Bearings and Power Transmission division joins second division to enhance presence with industrial and safety product customers.

But year-to-date sales grow 2.6% from same period in 2019 as company posts “record, double-digit sales and profit growth rates in June,” according to CEO.

Industrial distributor estimates that MRO market declined 14% to 15% during the quarter even as company gained share in the U.S.

Latest report shows U.S. cutting tool consumption down 4.4% from previous month of April.

Swiss company also announces the appointment of Theodor Swedjemark, who will join the executive committee of ABB as chief communications officer.

Electrical distributor announces that Layne “Lucky” DeMoss was promoted to branch manager for Conroe facility and TJ Horny will join the Houston branch as sales leader.

New 625,000 square-foot site in the city of El Paso — the second facility coming to Texas in 2021 —will create more than 700 new, full-time jobs.

In lieu of annual conference, which was to take place this October in Atlanta, the organization will offer virtual networking opportunities and resume the live event in 2021.

Company’s profit for the second quarter cut in half to $75.4 million.

Bearing manufacturer sees sales drop 16.6% in first six months of 2020 as soft demand environment hits top-line performance.

PT and bearings distributor names Stephen Martin as vice president – general counsel and John Crawford as vice president of human resources.

Addition of Fort Worth-based janitorial, packaging and office supply distributor will enhance and expand Brady’s footprint in Texas.

Three of four broad categories of indicators used to construct the index made positive contributions in June, and two of the four categories increased from May.

PRI reverts back to a decline and settles into being down in the mid-single digits after a calendar anomaly saw growth during the holiday week.

According to the Industrial Production and Capacity Utilization Report, manufacturing output increased 7.2% during the month.

Bossard America sales down 22.6% in second quarter and 14.6% in the first half of 2020.

New 820,000 square-foot site in the city of Pflugerville will create 1,000 new, full-time jobs