Jason Sandefur
Valmont Industries reported sales of industrial fasteners and tubular products grew 14% to $33.56 million during the third quarter of 2008, with operating income from the segment increasing 23% to $5.8 million.
During the first nine months of 2008 revenue from industrial fasteners and tubular products dipped 3.7% to $89.8 million, while segment profit gained 4% to $15.5 million.
Overall sales at Omaha-based Valmont jumped 33% to $494.8 million during Q3, with net earnings rising 42% to $37 million. Web: valmont.com �2008 FastenerNews.com
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