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Category: Business Texting

Owens & Minor to Acquire Apria for $1.45B

Owens & Minor to Acquire Apria for $1.45B

Richmond, Virginia-based Owens & Minor Inc. (NYSE: OMI), has agreed to acquire Apria for $37.50 in cash per share of common stock, an equity value of approximately $1.45 billion, Owens & Minor announced. Owens & Minor incorporates product manufacturing, distribution support and innovative technology services. Apria is a provider of integrated home health care equipment […]

Carrier Announces Totaline Universal Parts and Supplies Now Available to ICP Distributors

Carrier announced that it will make all Totaline universal aftermarket parts and supplies available to International Comfort Products (ICP) distributors, effective immediately.

Growth Hinges on People: How to Become a Talent Magnet

Growth Hinges on People: How to Become a Talent Magnet

To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? The post Growth Hinges on People: How to Become a Talent Magnet appeared first on Modern Distribution Management.

HFC Phasedown, IGSHPA Conference, Daikin ATMOSPHERA, Energy Efficiency Survey

New year brings beginning of the HFC phasedown; the IGSHPA holds a conference with the NGWA; Daikin offers a home product featuring R-22, a refrigerant with less GWP; and a recent study measures public support for energy efficiency upgrades.

SecureAire North America Appoints New Vice President of Commercial Sales

SecureAire Technologies announced Kathy Parry as the company’s new vice president of commercial sales. Parry is a strategic business executive with nearly two decades of HVAC industry experience.

Bill Condron: Jump in

I can’t believe that is has been nearly 10 years since Joe Poehling of First Supply flew out to visit me at our offices in New Hampshire to pitch me on the value of getting active in ASA. Joe was ASA president at the time, and I always looked up to him as an industry […]

Look Beyond Tech When Evaluating AI/Analytics for Sales & Marketing

Look Beyond Tech When Evaluating AI/Analytics for Sales & Marketing

One of three opportunities to drive sales success in the new year, according to Gartner’s Chief Sales Officer Leadership Vision 2022, is to prioritize tech investments to create an AI-augmented sales function. Gartner confirms 88 percent of CSOs are considering or already in the process of investing sales budgets in new technology to support artificial […]

FDI ‘Moderately Decelerated’ in December

FDI ‘Moderately Decelerated’ in December

The December seasonally adjusted Fastener Distributor Index (FDI) was 56.2 and “moderately decelerated” when compared with November, according to the latest analysis from Baird, FCH Sourcing Network and the Institute for Supply Management The deceleration was driven primarily by a lower employment index, according to the analysis. The FDI was 57.6 in November. Market conditions […]

Nonresidential Construction Employment Rose in December

Nonresidential Construction Employment Rose in December

The U.S. construction industry added 22,000 net jobs in December, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. In addition to the monthly increase, the industry overall has recovered slightly more than one million — or 92.1% — of the jobs lost during earlier […]

Motion & Control Acquires RSA

Motion & Control Acquires RSA

Motion & Control Enterprises reached four acquisitions by the end of 2021 after it acquired RSA, Inc. and Global Controls, Inc., collectively known as RSA. RSA is a distributor of robotics, motion control, vision systems, PLC/HMI and safety products. Global Controls is a systems integrator that supports automation and motion control projects. The company has […]

JGB Enterprises Acquires All-Serv

JGB Enterprises Acquires All-Serv

Liverpool, New York-based JGB Enterprises, Inc. — a company backed by HCI Equity Partners — acquired All-Serv Industrial, LLC at the end of December. Financial terms were not disclosed. JGB is a supply chain management and logistics services distributor of industrial hose, fluid power products, and hose assembly solutions throughout a “diverse set of end […]