Park-Ohio Holdings Corp. (NASDAQ: PKOH), Cleveland, OH, reported sales for 2016 of $1.3 billion, a 12.8 percent decrease from 2015. Profit decreased 34.1 percent to $31.7 million.
For the fourth quarter, the company reported sales of $306.8 million, an 11.7 percent decrease over the same period a year ago. Profit decreased 44.4 percent to $6.5 million.
ParkOhio is a provider of supply management services and a manufacturer of highly engineered products.
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