Acquisition expands US LBMs presence in Kentucky and Indiana.
Day: November 17, 2014
The output of utilities decreased 0.7 percent.
New president replaces retiring Carlos Cardoso.
Companys Ajax Tocco Magnethermic division to pay $22.9 million for Saet S.p.A.
Acquisition will expand UFP Western Division's presence in Southwest.
Timothy Breen succeeds Bill Stevens, who will retire from the company in early 2015.
Jeff Kaczka will step down when replacement is found.