5/16/2011 8:04:00 PM
HEADLINES
PARK-OHIO
Park-Ohio Holdings Corp. reported sales rose 16% to $813.5 million during 2010. Full-year net income reached $15.2 million versus a loss of $5.2 million the year before.
Fourth quarter sales increased 17% to $220.5 million.
Supply Technologies sales climbed 22% to $402.2 million in 2010, with segment income nearly tripling to $22.2 million. Those results included a 24% jump in sales to $106.86 million in
the final quarter, while Q4 income swelled to $5.99 million.
Supply Technologies provides logistics services for 175,000 production components, including fasteners, to OEMs, other manufacturers and distributors.
Supply Technologies has more than 1,500 employees at 50 logistics service centers in the U.S., Mexico, Canada, Puerto Rico, Scotland, Ireland, Hungary, China, Taiwan, Singapore and India. Web: supplytechnologies.com
Corporate Office: 23000 Euclid Ave., Cleveland, OH 44117. Tel: 216 692-7200 Web: pkoh.com
CEO: Edward Crawford, 70
Employees: 2,950
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