ParkOhio Holdings Corp. (NASDAQ: PKOH), Cleveland, OH, reported sales for the third quarter of $352.2 million, a 12.6 percent increase over the same period a year ago. Profit decreased 26.1 percent to $10.2 million.
For the nine month period, sales were $1 billion, up 7.9 percent year-over-year. Profit decreased 7.8 percent to $23.5 million.