Latest In Power Transmission/Motion Control/Fluid Power
Over the last 12 months, AD members hired 1,267 new employees.
Overall Kaman sales increased 1.9 percent in the first quarter.
Company to divest its fly-by-wire and Kaydon velocity control businesses.
Process industries sales for the quarter decreased 9 percent.
Profit increases 73.9 percent during the quarter.
Year-to-date sales down 8.3 percent year-over-year.
Departure from Rodney Hunt Fontaine product line to be reflected in fiscal 2016 earnings report.
Company's profits jump 20.8 percent compared to fiscal 2015.
Acquisition expands company's offering.
