Federal Screw Sales Drop
February 03
00:00
2004
Federal Screw Sales Drop
Jason Sandefur
Federal Screw Works reported net sales for the second quarter of fiscal 2004 fell 5% to $21.8 million, while net earnings declined 15.6% to $103,000.
For the first six months of fiscal 2004, sales for the St. Clair Shores, MI-based manufacturer slipped 8.5% to $42.2, and net earnings declined 80% to $115,000. Web: federalscrew.com �2004 FastenerNews.com
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