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General Bearing Corp. (OTC: GNRL.PK), West Nyack, NY, reported third-quarter sales of $43.1 million, an increase of 46.1 percent over third quarter of 2009. Profit attributable to the manufacturer of bearings and bearing components was $1.3 million, compared to year-ago profit of $41,000.
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For the nine months ended Oct. 2, 2010, sales were $116.2 million, an increase of 64.1 percent over the same period a year ago. Profit was $4.1 million, compared to year-ago profit of $133,000.