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The new business department will meet growing industry demand.
Deal will go into effect immediately.
The acquisition is not expected to impact the company’s fiscal 2019 consolidated financial performance.
Parent company Advantage Business Marketing ceases operations.
In volume terms, manufacturing sales decreased 0.8% during the month.
Manufacturing output increased 0.2% during the month.
Richard Freebery will retire as vice president, vendor and new business development after 35 years with the company.
The May gain came from a 0.3% increase in the wholesale price of services.
The mechanical insulation distributor is buying the metal building insulation laminator and distributor from Knauf Insulation