Company buys master distributor of industrial fasteners for $32.3 million.
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Year-to-date sales down 20.3 percent year-over-year.
MRO sales decreased 18 percent in the quarter.
Profit decreased 86.3 percent to $2 million for the year.
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MRO sales decreased 20 percent in the quarter.
Year-to-date sales down 21.7 percent year-over-year.
Profit increased 89.5% to $15 million for the year.