RBC Bearings Inc., Oxford, CT, international manufacturer of precision plain, roller and ball bearings for the industrial, defense and aerospace industries, reported sales for first quarter were $92.4 million, an increase of 15.7% from the same period a year ago. Profit was $10.7 million, an increase of 8.7% in a year-over-year comparison.
First-quarter results include costs associated with the company’s expansion into large bearings, facility moving costs and disposal of fixed assets, and a loss on early extinguishment of debt. …
RBC Bearings Sales Up 15.7% in 1Q
RBC Bearings Inc., Oxford, CT, international manufacturer of precision plain, roller and ball bearings for the industrial, defense and aerospace industries, reported sales for first quarter were $92.4 million, an increase of 15.7% from the same period a year ago. Profit was $10.7 million, an increase of 8.7% in a year-over-year comparison.
First-quarter results include costs associated with the company’s expansion into large bearings, facility moving costs and disposal of fixed assets, and a loss on early extinguishment of debt. …
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