Press Releases

All Releases
Jan 23, 2006

Record first quarter results as net earnings increase 50% to $7.7 million, or $0.81 per diluted share<br /><br />Sales increase 12% to $83.5 million on 24% increase in shipments<br /><br />Strong operating cash flow supports repayment of remaining $11.9 million of debt and increase in cash position to $6.5 million

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Jan 13, 2006

Board authorizes repurchase of up to $15 million of outstanding common stock<br /><br />Amendment to credit facility increases borrowing availability, extends term two years, reduces borrowing costs and provides additional flexibility

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Oct 24, 2005

Company posts fourth quarter net earnings of $6.4 million, or $0.67 per diluted share in spite of lackluster market conditions <br /><br />Strong operating cash flow supports $12.4 million reduction in debt from third quarter to $11.9 million as of fiscal year-end

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