Dearing Compressor & Pump: Industrial compressor distributor acquired by Youngstown company

An industrial air compressor distributor in Pittsburgh will be acquired by another in Youngstown, Ohio. Kruman Equipment, based on Penn Avenue, will be acquired by Dearing Compressor and Pump Co., doubling its business, according to a news release. The merged operations will retain the Kruman name and employees in the same roles, operating as a division of Dearing, according to the release. Dearing plans to invest in the Pittsburgh company, with plans to increase profitability with shared services...