The acquisition expands Triad's geographic footprint and makes the Goshen location Triad's twenty-first ParkerStore.
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PTDA Foundation survey finds more than three-quarters of respondents have had more trouble hiring this year than in the past.
Workers at the manufacturing operation have been on strike since June 30.
Manufacturer reports a loss of $4.4 million for the quarter.
The acquisition strengthens the companys presence in the Midwest.
The company reported sales for fiscal 2019 were up 11%.
Distributor reports sales gains across all business segments.
Manufacturer reports a profit of $4.2 million for the quarter.
The acquisition provides the ITTs Industrial Process segment with a complementary portfolio.
Higher volume, favorable price/mix and improved manufacturing performance drive the growth.
Sales for Kaman's distribution segment were up 2.5% over the prior-year period.
Sales increased 19% during the first nine months.
Organic sales were relatively unchanged compared to last year.
Tim Drakes succeeds Frank Campbell, who retired on March.
Paula Ruiz succeeds Curt Hutchins who will be leading the spin-off of Eatons Lighting business.
With this acquisition, Timken's power transmission portfolio now accounts for approximately one-third of company revenues.
Ryan Cieslak joins Applied from Northcoast Research.
Profit for the Swedish manufacturer rose 52% for the year.
