Year-to-date sales increased 1.1 percent year-over-year.
August 4, 2015
CEO: Acquisition 'enhances' Applied Maintenance Supplies & Solutions offerings.
Sales declined in all geographic regions except for the Middle East/Africa.
Fourth-quarter sales down 10.8 percent year-over-year.
Demand for OSB weakened by wet weather in central U.S.
Profit for the distributor of pipes, valves and fittings plummeted 61.9 percent.
Execution of restructuring plans continues, with headcount down 9 percent from the beginning of the year.
During the quarter, TriMas completed the spinoff of its Cequent business into a new publicly traded company, Horizon Global Corp.
Profit increased 22 percent to $2.3 million.
MAPI forecasts 0.9 percent manufacturing decline in 2015 but 1.9 percent increase in 2016.
Challenger Industries has 11 locations in the U.S.
Production increases 0.1 percent in the EU28.