October 26, 2006

The Black & Decker Corp., Towson, MD, reported sales of $1.6 billion in the third quarter 2006, up from $1.5 billion in the same period last year. Profit grew 3% to $125.1 million. Power Tools and Accessories increased sales 1%. Sales in the U.S. Industrial Products Group decreased at a low single-digit rate due to a […]

HVAC distributor Watsco Inc., Coconut Grove, FL, revenues grew 6% in the third quarter 2006, to $507 million. Same-store sales grew 5%. Profit was up 19% to $29.1 million. For the first nine months of 2006, sales grew 12% to $1.41 billion. Same-store sales were up 11%. The increase in revenues reflects improving sales mix from

Anixter International Inc., Glenview, IL, distributor of communication products, electrical and electronic wire & cable and a distributor of fasteners and other small parts to Original Equipment Manufacturers,  reported third-quarter 2006 sales of $1.33 billion, including $13.6 million from the acquisition of IMS. Revenues rose 32% compared with the year-ago quarter. Profit rose 204% to

Star Cutter Co., Farmington Hills, MI, has acquired Northern Tool Sales & Service, Warren, MI. Northern Tool Sales & Service is a design and build manufacturer of special drills, reamers, step drills, form tools and solid carbide tooling to about 170 customers in the ABS systems, cylinder head and engine block manufacturing industries. Star Cutter Company manufactures