Including unfavorable copper pricing and foreign exchange, sales decreased 3.2 percent.
Day: October 22, 2013
CEO: Pentair continues to see strength in North American residential construction.
Twenty thousand jobs were added in the sector as industry unemployment hit a six-year low.
Commercial aerospace and space & defense sales increased while industrial sales declined.
AIS is a wholesale distribution and repair services company focused on products for aircraft repair facilities.
North American organic revenues fall 1.4 percent in the quarter for ITW.
Including the Thermax/Raydex acquisition, sales increased 6.4 percent.
In the first eight months of 2013, construction spending was up 5.9%.
The sale of Shelburne is subject to the provisions of Section 363 of the Bankruptcy Code.