The company expects to cut costs via a significant downsizing of its physical footprint.
Latest In H.B. Fuller
ND Industries compliments H.B. Fuller's offerings in existing market segments and brings together adhesive and mechanical fastener technology.
H.B. Fuller is implementing the 11% surcharge this week to offset increases in labor, freight and supplies.
Year-to-date sales decreased 0.5 percent year-over-year.
Acquisition strengthens company's position in adhesives markets.
John Corkrean named executive vice president and chief financial officer.
Acquisition strengthens company's position in Australia and New Zealand.
Profit increased 98.4 percent to $18.9 million.
Profit climbs 74.2 percent for the year compared to 2014.