Positive economic reports bode well for upbeat year.
March 6, 2017
Sales to manufacturing customers increased 6.3 percent.
"Security of employees" listed as a primary factor in the decision.
Acquisition enhances Applied's fluid power position.
Company raising prices between 5 percent and 8 percent, effective April 3.
Durable goods increased 2 percent, while nondurable goods rose 0.4 percent.
AVT develops automatic print inspection systems.