ParkOhio Holdings Corp. (NASDAQ: PKOH), Cleveland, OH, reported sales for the third quarter of $312.7 million, a 14.2 percent decrease over the same period a year ago. Profit increased 2.3 percent to $13.5 million.
For the nine month period, sales were $970.1 million, down 13.1 percent year-over-year. Profit decreased 30.8 percent to $25.2 million.