Company will combine its Swiss plumbing and heating business with heating and HVAC distributor.
Day: February 21, 2017
Purchase of Sacchi expands footprint in Italy, most notably industrial market of Lombardy.
Genuine Parts sales up 3 percent for the year.
Index points to economic growth continuing in first half of 2017.
December saw the largest dollar value gain for the industry since January 2016.
Fourth-quarter sales increase 18.5 percent.
Purchase helps company expand industrial consumables and ancillary products presence.
Production in the construction sector down in EA19, up in EU28.
Former Parker Hannifin executive Jim Rowell brings 25 years of experience to manufacturer.
David Sacher succeeds Justin Jacobi in fluid power distributor's top leadership role.