Industrial gases sales in Americas decreased 17 percent in quarter.
January 29, 2016
Fourth quarter sales down 49.4 percent year-over-year.
Raw materials price index dropped 5 percent, led by lower prices for crude energy products.
Fourth quarter sales fall 13 percent year-over-year.
Consumer spending and residential fixed investment contributed to increase.
Acquisition of Ravena Welding Supply and Hereford Welding Supply bring Tech Air's acquisition total to 17 since 2011.
Fourth quarter profit falls 43.3 percent year-over-year.
Fourth quarter sales fell 4.6 percent year-over-year.
Fourth quarter sales decreased 9.9 percent year-over-year.
Company's new branch is located in Lloydminster, Alberta.