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Day: February 1, 2018
The acquisition strengthens NEFCO's foothold in the Mid-Atlantic states.
The company will be added the ParkOhio's Forged and Machined Products Group.
The company will continue operating under the Smith Industrial Rubber and Plastics name.
Annualized growth through December is 5.3 percent.
Construction spending up 0.7 percent from November.
PMI was down 0.2 percent from December.
Company completes two acquisitions.
Year to date, company's sales up 5.4 percent.
Company's fourth-quarter sales were up 7.1 percent.
Fourth quarter sales increased 13.2 percent year-over-year.
The business will become part of the service division in the mining and rock excavation technique business area.
Fourth quarter sales up 11.3 percent year-over-year.
Company opens new store to service local communities near Florida Keys.