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PMI up 0.2 percent from December, and overall economy grew.
Deal brings 50,000 electrical products to MSC customers.
Weld Mount manufacturers adhesive fasteners.
Fourth quarter sales decreased 9.9 percent year-over-year.
Fourth quarter sales fell 4.6 percent year-over-year.
Fourth quarter profit falls 43.3 percent year-over-year.
Acquisition of Ravena Welding Supply and Hereford Welding Supply bring Tech Air's acquisition total to 17 since 2011.
Consumer spending and residential fixed investment contributed to increase.