Carlisle Companies Inc., Charlotte, NC, reported fourth quarter sales of $623.5 million, a 1% decline from the fourth quarter of 2007. Profit decreased 68% to $13.7 million. The slow economy and costs related to previously announced consolidations and closures drove results down for the quarter.
Construction Materials segment reported fourth quarter sales of $300.5 million, down 11% from fourth quarter 2007.
Transportation Products sales declined 8% to $170.1 million. Growth in the agricultural and construction tire and wheel markets was more than offset by continued softness in the lawn and garden, high-speed trailer, styled wheel and construction trailer markets.
Applied Technologies sales in the fourth quarter were $113.4 million, an …
Carlisle Companies Profit Falls For 4Q
Carlisle Companies Inc., Charlotte, NC, reported fourth quarter sales of $623.5 million, a 1% decline from the fourth quarter of 2007. Profit decreased 68% to $13.7 million. The slow economy and costs related to previously announced consolidations and closures drove results down for the quarter.
Construction Materials segment reported fourth quarter sales of $300.5 million, down 11% from fourth quarter 2007.
Transportation Products sales declined 8% to $170.1 million. Growth in the agricultural and construction tire and wheel markets was more than offset by continued softness in the lawn and garden, high-speed trailer, styled wheel and construction trailer markets.
Applied Technologies sales in the fourth quarter were $113.4 million, an …
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