Motion Industries Breaks Ground on New Facility
The $11.2 million 104,000-square-foot building will house Motion’s area fluid power shop, hose and rubber shop and engineering department.
The $11.2 million 104,000-square-foot building will house Motion’s area fluid power shop, hose and rubber shop and engineering department.
Company unloads Mississippi-based distributor for $20 million in order to reduce debt.
Increase of manufactured durable goods for the month is the seventh in a row after two decreases during the height of the coronavirus crisis.
Year-to-date, the goods and services deficit increased $73.6 billion, or 13.9%, from the same period in 2019.
Addition will expand Atlas Copco’s footprint in Germany with the acquisition of the vacuum equipment and services distributor.