Solutions Industrielles Chicoutimi and Specialites Industrielles Harvey will continue to operate under their existing names.
Day: February 1, 2012
Offer to buy outstanding shares of Seco Tools was accepted by shareholders in January.
Core sales grew 7 percent in the quarter.
Drug Trading Company Limited and Medicine Shoppe Canada Inc. both operate in Ontario, Western Canada and Atlantic Canada.
The transaction, valued at $21 million, includes a supplier agreement between the two companies for a transitional period.
Liteco has 13 branches in New Brunswick, Nova Scotia and Prince Edward Island.
Mid-Continent provides safety instrumentation, fall and hand protection and other related safety products.
Increase likely fueled by 4.3 percent increase in total construction spending.
Prices of raw materials increased for the first time in four months.
Increase in sales primarily driven by Crane segment sales growth of 40 percent.
The acquired business will become part of Parker's Filtration Group.
Value of construction in 2011 was 2 percent below construction spend in 2010.
Profit in 2011 for the electronics distributor grew 25 percent year-over-year.