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Industrial gases distributor will sell the businesses to Taiyo Nippon Sanso Corp. for EUR 5 billion in cash, subject to successful Praxair-Linde merger.
Tool Krib is affiliated with the Madsen Group of companies.
Stacey McGuire to head legal function for manufacturing company.
PMI up 1.5 percent to 60.2, as new orders remain strong and customers inventories remain low.
Trade association expands staff and promotes Chris DeBoer to director of marketing and sales.
Conference Board report shows declining optimism, as economic growth continues but momentum slows.
Consumer Price Index matches April increase, as all eight major components increase year-over-year.
Index points to slower economic growth compared with April.