Lawson Products, Inc., Des Plaines, IL, a distributor of services, systems and products to the MRO and OEM marketplaces, reported second-quarter sales from continuing operations were $129.2 million, comparable to the prior-year quarter.
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The company reported a net loss of $0.3 million, compared to profit of $3.2 million in the second quarter 2006.
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Second quarter 2007 results include severance costs of $5.5 million related to several executive departures.
Some Lawson sales agents were recently indicted on …
