Latest In Power Transmission/Motion Control/Fluid Power
While capacity is high, Pentair will "remain disciplined" about finding deals that make sense.
PTDA Business Index down to 66.5 in fourth quarter, but positive growth continues.
Fourth quarter sales increase 9.1 percent year-over-year.
Acquisition expands product line, presence in California.
Profit for the Swedish manufacturer fell 2 percent for the year.
Company CEO: 'Industrial businesses performed well in quarter.'
Profit increases 13 percent year over year to $584.5 million.
Fourth-quarter revenue up 13 percent, while YTD and quarterly profit also rise.
Company's annual profit decreased 9.1 percent compared to last year.
