Houston-based MRO and industrial distributor DXP Enterprises Inc. (NASDAQ: DXPE) this week announced two acquisitions. DXP acquired Drydon Equipment, Inc., a distributor and manufacturer rep of pumps, valves, controls and process equipment for the water and wastewater industry in the areas of central and northern Illinois, northwest Indiana, Wisconsin and the Upper Peninsula of Michigan […]
Category: MRO
American Equipment Acquires Kistler Crane & Hoist
Salt Lake City-based American Equipment Holdings has acquired Kistler Crane & Hoist, a Midwest provider of overhead crane systems and MRO field services. The agreement is the sixth acquisition completed by American Equipment since partnering with Rotunda Capital Partners in May 2021. Financial details were not disclosed. The acquisition is expected to expand American Equipment’s […]
Kimball Midwest Names New President
Columbus-based MRO distributor Kimball Midwest says Patrick McCurdy III is the company’s new president. Patrick McCurdy III McCurdy III, a member of the third generation of family ownership, assumed day-to-day management, while his father, CEO Pat McCurdy Jr., retains responsibility for areas including strategy and governance. McCurdy III worked for five years at Accenture before […]
Grainger Adding 100 Jobs
MRO distributor Grainger (NYSE: GWW) is expanding its customer service capabilities by adding approximately 100 new jobs to its Lake County, Illinois, headquarters. The company’s new customer service center will open in January, which will allow Grainger to “better support its growing customer base by continuing to deliver exceptional service,” the company said. The majority […]
MSC 4Q Sales Up 11% Over Last Year
MSC Industrial Supply Co. (NYSE: MSM), a North American MRO distributor, on Wednesday reported net sales of $831 million during its fiscal fourth quarter of 2021, an 11.1% increase over the same period in 2020. The financial results reflected its fiscal 2021 Q4 and full year ended August 28. The fiscal 2021 4Q had one […]
