Latest In Power Transmission/Motion Control/Fluid Power
Profit increased 35.8 percent in fiscal first quarter.
Year-to-date sales down 10 percent compared to same period in 2016.
PT & bearings giant expects Apache Inc. to generate $100 million in annual sales.
Member sales up 11 percent for first nine months of year.
Overall, Kaman sales were down 1.4 percent in the quarter.
Profit for the quarter was up 23.2 percent to $33.7 million.
Apache is a distributor of industrial hose and belting, specializing in fabrication of belts, hoses and cut and molded products.
Acquisition expands Triad's product offering in key markets.
Stacy Lenard will serve as vice president and general manager of the companys Dallas division.
Theron Neese joins the company after 17 years at Cardinal Heath.
The opening will be the company's 25th Eaton Aeroquip Hose Center retail location.
