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Breaking news in Wholesale Distribution
Fersa acquires 49 percent stake in Austrian bearings manufacturer.
Apartment and apartment-condominium buildings led the increase, rising 26.6 percent.
Fundamental adjustments needed to succeed in new era.
Distributor Index increased to 60.2 and Manufacturer Index decreased to 52.3.
Privately owned housing starts down 2.5 percent compared with November.
Divestiture follows sale of Latin American operations last year.
Motor vehicle and parts sales led the increase.
Higher motor vehicle sales in Ontario led the increase.
