Pressure Compressores will become part of the Professional Air division.
Latest In Power Transmission/Motion Control/Fluid Power
Sale will also include several smaller associated businesses.
Both acquisitions to focus on northwest Indiana region.
David Mayer moves to KFP from Kaman Industrial Technologies.
Fluid power sector sees consolidation as top distributors acquire growth.
Acquisition enhances Applied's fluid power position.
Company also strengthens China presence through joint ventures with Hongwuhuan Group.
Fourth-quarter sales down 4.2 percent year-over-year.
Appointment of Jay Roueche follows Karyn Ovelmen's departure as CFO and executive VP.
David Sacher succeeds Justin Jacobi in fluid power distributor's top leadership role.
Fourth-quarter sales increase 2 percent year-over-year.
Acquisition enhances FCX’s service and repair offerings.
