Building construction a primary driver for decreases in euro area and EU28.
Posts By MDM Staff
Parent company Genuine Parts Co. sales down 0.5 percent in 1Q.
Index decreases 0.3 points in March to 92.6 for the month.
U.S. segment sales were flat for the quarter compared to the prior year.
Decrease due to lower sales in motor vehicles and petroleum and coal products.
Quarterly decline due to lower spending on commercial buildings.
Acquisition expands company's presence in Kentucky, Indiana, Ohio.
Quincy Compressor buys industrial air compressor and ancillary systems distributor.
Capacity utilization decreased 0.5 percent to 74.8 percent.
Master Distributors can be a valuable resource for distributors.
The acquisition expands the company's global automotive capacity.
Company shifts reporting of financial results to better reflect end markets.
Expansion plans to double company's footprint in the west.
Decline in demand can be traced to prices for final demand goods.
Industrial production down 0.7 percent in the EU28.
Cutting tool shipments rebounded compared to prior month.
Spin-off of value-add company, Arconic, on track to be completed in second half of year.
