Fourth quarter sales decrease 0.3 percent year-over-year.
Latest In Power Transmission/Motion Control/Fluid Power
Fourth quarter sales decreased 7.5 percent year-over-year.
Fourth-quarter sales down 1 percent year-over-year.
New brand, Kaman AC&E, includes engineering, manufacturing and distribution components.
Sales for the industrial machinery business increased 13.7 percent.
Greg Dvorsak has served as CFO at Midway since 2013.
Profit increases 38.5 percent to $3 million during quarter.
Month also delivers another big building materials purchase rumor.
Year-to-date sales down 2.1 percent year-over-year.
Acquisition strengthens company's position and broadens product range.
Overall Kaman sales increased 8.5 percent in the first quarter.
Engineered materials and payment & merchandising technologies segment sales increased.
Interconnect technology sales were up 29 percent in 1Q.