FSP provides mechanical seals and aftermarkets parts in Florida.
Latest In Power Transmission/Motion Control/Fluid Power
The business supplies thermal solutions for industrial liquids and gases handling.
The decrease was driven mainly by OEM volume declines.
Pump Technology & Solutions Inc. is a full-service pump distributor in Georgia
Western is a full-line distributor for Parker Hannifins fluid connector group.
The new branch in Fort Lauderdale is B&D’s first in south Florida.
Parker will have two reporting segments, diversified industrial and aerospace systems, starting in 2014.
Acquisition strengthens gearless mill drive system business.
The decline was due in part to decreased demand in industrial distribution.
Profit increased 23 percent for the quarter ended June 30, 2013.
Organic sales for the diversified manufacturer fell 1.4 percent in the quarter.
Of Cranes four business segments, sales declined in aerospace and electronics and merchandising systems.
Parent company Genuine Parts Company reported a sales increase of 10%.
CEO: Strong automotive and weaker industrial business affected results.
The acquisition will provide Kaman entry into the Cleveland market.
