Applied industrial technologies acquires r.r. floody company

Cleveland--(business wire)-- #automation--applied industrial technologies (nyse: ait) today announced it has acquired r.r. floody company, inc. (“floody”), a provider of automation products, services, and engineered solutions focused on machine vision, mobile and collaborative robotics, motion control, material handling, and digital capabilities. terms of the transaction were not disclosed. neil a. schrimsher, president & chief executive officer for applied, commented, “we are pleased to announce the add
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