Industrial outlook projects no more than 2 percent annual growth in U.S. GDP through 2020.
Company to divest division to Swiss-based dormakaba for $725 million.
Profit drops 67.9 percent for the quarter.
Distributor Index decreases to 53.5 and Manufacturer Index decreases to 61.4.
Acquisition expands Caster Concepts' manufacturing capabilities.
Companies to join forces and create largest gases distributor in world.
Investment in single-family dwellings led the increase.
Lynwood Capital buys Denver, CO-based O-ring and seals distributor.
Fourth-quarter sales decreased 4 percent from 2015.
Distributor buys C & C Industrial Sales and Midway Industrial Supply.
Production in the construction sector up 0.8 percent in EA19, 0.4 percent in EU28.
Privately owned housing starts down 18.7 percent compared with October.
Foodservice distributor reported a loss of $7.6 million.
Acquisition strengthens company's tools and equipment business.
El Dorado location the result of ITT Goulds Pumps looking for new area distribution.
Company focused on gas and services activities following Airgas acquisition.
Acquisition expands company's presence in Northeast Philadelphia.