RBC Bearings Inc., Oxford, CT, manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, reported sales for its second quarter 2008 were $78.2 million, an increase of 6.8% from the same period a year ago.
Profit was $8.7 million up from $7.4 million in the same period a year ago.
Sales for the six-month period ended Sept. 29, 2007, were $158.1 million, an increase of 6.4% from the six-month period in 2006.
Profit for the six-month period was $18.6 million compared with $12.4 million for the same period last year.
Over the next 30 months, the Company plans to invest up to $30 million in equipment to expand its operations to produce large diameter anti-friction bearings for the oil, …
