Dorman Products Revenue Grows
February 26
00:00
2007
Dorman Products Revenue Grows
Jason Sandefur
Dorman Products (formerly R&B Inc.) reported revenue during the fourth quarter of 2006 increased 5% to $77.9 million, while net earnings grew 11.3% to $4.9 million.
Full-year sales for 2006 gained 6% to $295.8 million, driven by increased sales from new products. Net income declined slightly due to $3.2 million in write-offs for debts from two large customers at its Swedish subsidiary, Scan-Tech. Web: dormanproducts.com �2007 FastenerNews.com
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