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Overall Kaman sales increased 1.9 percent in the first quarter.
Acquisition expands company's presence in Michigan.
Company acquires compressor business of Kohler Druckluft.
Acquisitions help building materials distributor nearly double revenue.
Industrials are outperforming other parts of the market.
Company had sued former employees in 2015 after they resigned to join Lockwood.
Company reports a loss of $3.4 million for the quarter.
Company's profit increases 1.6 percent for third quarter.
Volumes for the European building materials supplier increased 2.3 percent year-over-year.
Company to divest its fly-by-wire and Kaydon velocity control businesses.
Company reports loss of $119 million for the quarter.