Michael Roman will succeed Inge Thulin as CEO.
Day: March 6, 2018
Profit decreased 9.8 percent to $28.6 million for the year.
Sales to manufacturing customers improve 15.9 percent.
Klingel Joining Technologies is one of three business units of Klingel GmbH.
Fourth-quarter sales increased 13.6 percent year-over-year.
Both Motion Industries and EIS are wholly owned subsidiaries of Genuine Parts Company.