Posts By MDM Staff
Single-family housing starts were unchanged over June.
Profit down 42.9 percent to $1 million for the quarter.
Year-to-date sales increased 5.7 percent year-over-year.
Expansion in U.S. manufacturing technology orders accelerating.
Latest acquisition gives roofing distributor three branches in New Jersey.
Sales of durable goods up 5.8 percent from the previous year.
Sales increase 5.7 percent to $14.4 billion in fourth quarter.
Year-to-date sales decreased 3 percent year-over-year.
Industrial production down 0.5 percent in the EU28.
Fourth quarter sales increased 7.5 percent year-over-year.
The change reflects the expanded market focus that resulted from the company's 2017 acquisitions.
The distributor reported a profit of $3.2 million for the quarter.
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Steve Blanco will oversee operations in Latin America, Canada and the U.S.
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Productivity increases 3.8 percent in durable goods, decreases 0.1 percent in nondurable goods.
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Increased demand for more fire resistant materials led to the acquisition.
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Both parties expect the transaction to be completed in 2017.
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