Company to open a leadership development facility.
Day: March 16, 2016
New facility supports growing European market.
Privately owned housing starts up 5.2 percent compared with January.
Capacity utilization decreased 0.4 percent to 76.7 percent.
Acquisition expands Sherex's portfolio of engineered solutions.
Building construction a primary driver for increases in both regions.
Year-to-date sales decreased 9.6 percent year-over-year.
Increase due to higher sales in motor vehicles, food and motor vehicle parts.
Slow growth due to high inventories, a strong dollar, falling commodity prices and risk aversion.