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Acquisition further strengthens company's global footprint.
Manufactured durable goods new orders up 4.4 percent.
Prices also increased by 0.1 percent in the EU28.
Higher investment in all but one component accounted for the gain.
Overall employment grew 151,000 in August, with unemployment unchanged at 4.9 percent.
Goods and services deficit down $5.2 billion for month.
Annualized growth through July is 7 percent.
Acquisition expands company's position in municipal flood control and water management markets.
Traditional rebate model based on reactivity may not be enough.
PMI down 3.2 percent from July, and overall economy grew.