Federal Screw Sales Flat
April 29
00:00
2003
Federal Screw Sales Flat
Jason Sandefur
Federal Screw Works reported net earnings fell 44% to 908,000 for the third quarter of fiscal 2003, while net sales remained flat at $25.15 million.
For the nine-month period ended March 31, 2003, the St. Clair Shores, MI-based fastener manufacturer announced net sales gained 3.8% to $71.32 million, while net earnings for the period decreased 29% to $1.49 million. Web: federalscrew.com �2003 FastenerNews.com
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