Tool-Craft Industries will continue to operate as an independent entity under the leadership of Chet Wilson, its president.
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Net income increases to $29.6 million during the quarter.
Georgia-based metal service company serves customers in the Southeast.
Year-to-date sales up 25.2 percent compared to the prior year.
Fourth-quarter sales up 59 percent year-over-year.
The acquisition expands AHBs range of machinery offerings and expertise.
Fourth quarter sales up 26.9 percent year-over-year.
Current EVP of sales and development will retire.
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Profit increased to $0.7 million for the quarter.
Fourth quarter sales down 15.1 percent year-over-year.
Year-to-date sales decreased 13.3 percent year-over-year.