Acquisition strengthens ERIKS' presence in France and Germany and expands opportunities in Eastern Europe.
Day: February 11, 2014
Durable goods sales up 0.3% from November.
Ingersoll-Rand Q4 sales up 6%.
Owens & Minor sales increase 1.1% in 4Q.
Wausau Paper sales helped by record shipment volumes.
Strong HVAC sales helps Regal Beloit offset weak commercial, industrial motor sales.
The new publicly traded company, TimkenSteel, will trade on the New York Stock Exchange under ticker symbol TMST.