Articles

As we reflect on the first quarter of 2024, we are thrilled to share the incredible momentum and achievements that have shaped our journey of growth and value creation. Our first quarter highlights include successful strategic expansions in our Retail division through acquisitions in Australia and the USA, doubling earnings since 2021. Celebrating the 30th anniversary of Colson China in Guangzhou showcased our Industrial segment's cost-effective innovations, while the acquisition of 16 acres in …

FOR IMMEDIATE RELEASE Shepherd Hardware Enters Definitive Agreement to Acquire Parker & Bailey, Expanding Product Portfolio andMarket Reach Three Oaks, MI, March 15, 2024 - Shepherd Hardware, a leading provider of hardware solutions for residential andcommercial applications, proudly announces the signing of a definitive agreement to acquire Parker & Bailey, adistinguished manufacturer of specialty household cleaners, premium woodcare products, and other furniture careaccessories. "At S …

Background Customer was facing several critical supply chain challenges for casters used on data storage racks: Extended Lead Time: Current suppliers struggled to maintain production lead times to meet on-going customer demand requirements Multiple caster SKUs were being used on various rack types Customer has stringent internal testing requirements that are above current industry standards Customer has various load capacity and load height requirements along with a mounting configuration that …