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The acquisition expands Kodiak's footprint in Colorado.
Construction spending up 0.5 percent from July.
Raw materials price index increased 1 percent due to higher prices for crude energy products.
Annualized growth through August is 6.7 percent.
Thinking outside the box may be the only way to stay competitive
Real GDI increased 2.9 percent in the second quarter compared with an increase of 2.7 percent in the first.
The acquisition will be the first for the company since becoming a freestanding enterprise.
The opening will be the company's 25th Eaton Aeroquip Hose Center retail location.
Index down to 119.8 in September from 120.4 in August.