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Breaking news in Wholesale Distribution
Acquisition expands Caster Concepts' manufacturing capabilities.
Distributor Index decreases to 53.5 and Manufacturer Index decreases to 61.4.
Fourth-quarter sales decreased 4 percent from 2015.
Lynwood Capital buys Denver, CO-based O-ring and seals distributor.
Investment in single-family dwellings led the increase.
Acquisition strengthens company's tools and equipment business.
Foodservice distributor reported a loss of $7.6 million.
Privately owned housing starts down 18.7 percent compared with October.
Production in the construction sector up 0.8 percent in EA19, 0.4 percent in EU28.
Fourth-generation family member Meagan McCoy Jones to "co-lead" company.
