Rexnord Corporation, Milwaukee, WI, a manufacturer of highly engineered precision motion technology products, focused on power transmission products, reported sales grew 20.2%, excluding the acquisition of Falk, in first quarter fiscal 2007 over the prior-year quarter to $288.4 million. Approximately $25.2 million of this increase was due to the timing of the Falk acquisition in May 2005 as prior-year first quarter only included approximately 1.5 months of Falk sales.
The remaining $23.3 million sales increase was driven primarily by strength in our industrial products end markets of energy, construction equipment, natural resource extraction, metals processing and infrastructure expansion (mining, cement, aggregates) as ...
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Rexnord Corporation, Milwaukee, WI, a manufacturer of highly engineered precision motion technology products, focused on power transmission products, reported sales grew 20.2%, excluding the acquisition of Falk, in first quarter fiscal 2007 over the prior-year quarter to $288.4 million. Approximately $25.2 million of this increase was due to the timing of the Falk acquisition in May 2005 as prior-year first quarter only included approximately 1.5 months of Falk sales.
The remaining $23.3 million sales increase was driven primarily by strength in our industrial products end markets of energy, construction equipment, natural resource extraction, metals processing and infrastructure expansion (mining, cement, aggregates) as ...
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