Movers & Shakers

Applied Industrial Technologies promoted Dave Smith to director of corporate purchasing. In this role, he will oversee the product purchasing needs for all of the company’s distribution centers as well as activities related to transportation and procurement systems. Smith joined Applied in 1995 and for the past six years served as corporate purchasing and transportation […]

Market may be ready to bust out of rut

Those hoping for a boost in merger and acquisition activity in March were disappointed. It continued a trend of slow activity that persisted throughout much of the first three months of 2011. This first-quarter lag can be attributed to the push in the fourth quarter to complete deals due to the threat of an increasing […]