General Bearing Sales Decline 26.4% in 2009 - Modern Distribution Management

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General Bearing Sales Decline 26.4% in 2009

Profit for the manufacturer of bearings and bearing components fell 75.6% from 2008.
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General Bearing Corp. (OTC: GNRL.PK), West Nyack, NY, reported 2009 sales of $102.4 million, a decrease of 26.4% from 2008. Profit declined 75.6% to $1.42 million.

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General Bearing manufactures ball bearings, tapered roller bearings, spherical roller bearings, and cylindrical roller bearings, and bearing components for original equipment manufacturers in the automobile, truck/trailer, railcar, office equipment, machinery and appliance industries, as well as the industrial aftermarket.

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