PMI was down 0.2 percent from December.
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Construction spending up 0.7 percent from November.
Annualized growth through December is 5.3 percent.
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.
Raw materials price index decreased 0.9 percent during the month.
Fourth-quarter sales up 59 percent year-over-year.
In the fourth quarter, real GDP grew at an annual rate of 2.6 percent.
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Kirk Robinson was promoted from channel chief at the company.
Real GDP by state growth ranged from 5.7 percent in Delaware to 0.5 percent in South Dakota.
About three-fourths of distributors prioritizing talent in 2018