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Day: July 20, 2017
Contract manufacturer buys tool builder, expanding its mold-making capabilities.
Profit increased 11.1 percent for the quarter.
Rental revenue increased 13.6 percent in the quarter.
Revenue for the first six months increased 23.9 percent.
Profit increased 35.4 percent year-over-year.
Sales for the first half increased 6.7 percent year-over-year.
Company also acquires Pixel Inspiration.
Sales for the first six months increased 6 percent year-over-year.
Single-family housing starts increased 6.3 percent.
Parent company Genuine Parts sales up 5.1 percent in second quarter.
Acquisition expands company's automation solutions capabilities.
Gamut Capital Management has signed a definitive agreement to acquire the company.