Manufacturer sales down 56.2 percent from December 2014 peak.
Latest In Power Transmission/Motion Control/Fluid Power
Acquisition strengthens and complements company’s portfolio.
Performance across AD divisions ranged from 10 percent increase to 3 percent decrease.
Fourth quarter sales increase 10.9 percent year-over-year.
Year-to-date sales increased 31.1 percent year-over-year.
Fourth quarter sales decreased 2.3 percent year-over-year.
Fourth quarter sales increased 0.3 percent year-over-year.
Fourth quarter for the Swedish manufacturer dampened by inconsistent equipment demand.
Organic sales decreased 3.3 percent year-over-year.
Acquisition strengthens Ohio Transmission Corp.'s Midwest footprint.
Acquisition expands companys reach in the western U.S. and Canada.
Acquisition enhances Allied Motion's growth strategy and expands geographic reach.
The PTDA business index reading was down to 37.7 in the quarter.
