Applied Industrial Technologies (NYSE: AIT) of Cleveland said it has agreed to buy IRIS Factory Automation, a company based in Aurora, Illinois, that provides automation products and services. Terms ...

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced the acquisition of Automation, Inc., a provider of automation products, services, and engineered solutions ...

Free cash flow is defined as net cash provided by operating activities less capital expenditures, a non-GAAP financial measure.

AIT posted another quarter of exceptional growth, as this power transmission, fluid power, specialty flow, and automation distributor continues to outgrow many of its suppliers. Management is calling ...

Applied Industrial Technologies AIT acquired Advanced Motion Systems Inc. (“AMS”), expanding its automation platform. AMS is an automation products, services and engineered solutions provider based in ...