Manufacturing Sector Expands in April
PMI down 1 percent from March, and overall economy grew.
PMI down 1 percent from March, and overall economy grew.
Acquisitions help building materials distributor nearly double revenue.
Annualized growth through March is 6 percent.
Company acquires compressor business of Kohler Druckluft.
Acquisition expands company's presence in Michigan.
Year-to-date sales up 1.2 percent year-over-year.
Company reports a loss of $3.4 million for the quarter.
Company had sued former employees in 2015 after they resigned to join Lockwood.
Industrials are outperforming other parts of the market.
Construction spending up 0.3 percent from February.
Company reports a loss of $14 million for the quarter.