Heads & Threads Sales Up Nearly 60%
August 04
00:00
2004
Heads & Threads Sales Up Nearly 60%
John Wolz
Second quarter Heads & Threads International LLC fastener sales jumped 59.7% from 2003 to $43,6 million this year.
Sales for the first half of 2004 rose 47% to $81.4 million.
Net earnings of Heads & Threads” parent company, Alleghany Corporation, in the second quarter of 2004 were $48.7 million, compared with net earnings of $6.0 million, in the same period a year ago. In the first six months of 2004, Alleghany’s net earnings were $110.8 million, compared with net earnings of $13.7 million in the first six months of 2003. Alleghany is in the insurance, minerals and real estate businesses. Web: headsandthreads.com �2004 FastenerNews.com
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