Bearings manufacturer RBC Bearings Inc. (Nasdaq: ROLL), Oxford, CT, reported sales for fiscal 2016 of $597.5 million, up 34.2 percent year-over-year. Profit increased 9.7 percent to $63.9 million.
For the fourth quarter, sales were $162.3 million, an increase of 43.1 percent from the previous year. Profit for the quarter increased 26.8 percent to $18.9 million.
Fourth-quarter sales for the aerospace markets increased 70 percent and the industrial markets increased 9.4 percent.
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