Posts By MDM Staff
Fourth quarter sales increase 10.9 percent year-over-year.
Purchase expands company's automated material handling and storage sector.
Acquisition complements Acme's existing brands and products.
Productivity decreased 0.4 percent in the fourth quarter.
Acquisition strengthens Rexels position in the U.S. in industrial automation.
Lackluster economic environment challenged sales in the fourth quarter.
Acquisition expands Macomb's footprint in the southeast U.S.
Company reports loss of $168.8 million for the quarter.
Year-to-date sales increased 31.1 percent year-over-year.
"Tumbling oil prices" lead to sharp sales decline during year.
Company's revenues decline 6 percent in the fourth quarter.
