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Purchase increases company's portfolio of bearings and mechanical power transmission products.
Overall employment grew 98,000 in March, with unemployment declining to 4.5 percent.
Decrease mainly the result of lower construction intentions for single-family dwellings.
Acquisition will enhance company's wire and cable business.
Goods and services deficit up 3.2 percent year over year.
New orders for manufactured durable goods up 1.8 percent.
Construction spending up 0.8 percent over revised January estimate.
Prices increased by 0.1 percent in the EU28.
Sale will also include several smaller associated businesses.
Both acquisitions to focus on northwest Indiana region.
Company's "aggressive" 2017 expansion strategy begins in New York.
Long surveys can be self-defeating and a turnoff to customers
Raw materials price index rose 1.2 percent, led by higher prices for animals and animal products.
GPC will own 35 percent of Inenco Group.
