October 17, 2012

Parker Agrees to Buy Sea Recovery

Acquisition supports Parker’s position in commercial marine and large yacht markets.

Sales increased in North America and Latin America for the bearings manufacturer.

Housing starts were up 15 percent from August.

The new business platform will represent 13% of manufacturer’s sales.

Organic sales for the diversified manufacturer were flat year over year.

Train your sales force to hear what your customers aren’t necessarily saying out loud.

Industrial sales for Textron grew 4.3 percent in the quarter.

Rental revenues grew 74 percent.