Lawson Products Sales Grow

Lawson Products Sales Grow

Lawson Products Inc. reported sales for the third quarter of 2006 increased 10.4% to $129.1 million, while net income decreased 53% to $3.1 million. Rutland Tool & Supply Co., acquired in 2005, contributed $13.4 million in revenue and $400,000 in operating income.
Sales during the first nine months of 2006 rose 17% to $392 million, but net income slid 34% to $11.3 million. Web: lawsonproducts.com �2006 FastenerNews.com