July 26, 2006 - Modern Distribution Management

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July 26, 2006

Timken Co. Reports 5% Increase in 2Q Sales

The Timken Company, Canton, OH, reported sales of $1.39 billion in the second quarter, up 5% from the same period a year ago. Second quarter net income increased 11% to $74.7 million up from $67.3 million in the second quarter a year ago.“This quarter’s results reflect good progress towards fundamentally improving financial performance,” said James […]

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Praxair Sales Rise 8% in 2Q

Praxair, Inc., Danbury, CT, announced second-quarter sales of $2,076 million, up 8% from the same period last year. Net income was $247 million, up 22%.“While some macro-economic indicators point to a slowdown, we have not seen any significant decline in demand from our customers,” said Dennis H. Reilley, chairman and CEO.In North America, second-quarter sales

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