Company completes two acquisitions.
PMI was down 0.2 percent from December.
Construction spending up 0.7 percent from November.
Annualized growth through December is 5.3 percent.
The company will continue operating under the Smith Industrial Rubber and Plastics name.
The company will be added the ParkOhio's Forged and Machined Products Group.
The acquisition strengthens NEFCO's foothold in the Mid-Atlantic states.
Company opens new store to service local communities near Florida Keys.