PMI down 1 percent from March, and overall economy grew.
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Construction spending up 0.3 percent from February.
Company had sued former employees in 2015 after they resigned to join Lockwood.
Company reports a loss of $3.4 million for the quarter.
Acquisition expands company's presence in Michigan.
Company acquires compressor business of Kohler Druckluft.
Annualized growth through March is 6 percent.
Acquisitions help building materials distributor nearly double revenue.
The company reported a loss of $13.6 million for the quarter.
Raw materials price index grew 4.5 percent, led by higher prices for crude energy products.
The company reported a loss of $4.7 million in the first quarter.
