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Applied Industrial Technologies, Inc. (AIT) is a public, global company based in the U.S. and focused on the distribution of bearings, power transmission products, engineered fluid power components and systems, specialty flow control products, and other industrial supplies. AIT provides engineering, design and system integration for industrial ...
In 1986 NCH added direct mail, telemarketing, and catalog sales to its arsenal of marketing techniques. Cornerstone Direct was formed for this purpose, offering material handling equipment, first-aid kits, and other industrial supplies. Sales growth returned in the second half of the 1980s, breaking $400 million in 1987 and $500 million in 1988.
In 2017, MSC acquired DECO Tool Supply Co., an industrial supply distributor based in Davenport, Iowa, to expand its footprint in the region. In 2018, MSC acquired All Integrated Solutions, a value-added distributor of industrial fasteners and components, MRO supplies and assembly tools based in Franksville, Wisconsin.
The primary brand is Global Industrial. [3] The company was founded in 1949 as Global Equipment Company, a material handler. It first entered direct marketing in 1972 and began marketing computer equipment in 1981. The company changed its name to Global Direct-mail, in 1995 and to Systemax in 1999 and Global Industrial Company in 2021. [4]
Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker ...
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