6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.
For the full year, sales were $4.86 billion, up 10.7 percent over sales in 2009. Profit increased 22.9 percent to $69.2 million.
"Very strong transmission cable demand in the United States and Brazil as well as a growing business in Mexico offset normal seasonal volume declines in other product areas in North America and ROW," said Gregory B. Kenny, president and CEO. "While the benefit of a stronger fourth quarter in our transmission and project related businesses is welcome, our end markets and overall demand have only started to improve in many locations. As a result, we continue to believe that capacity utilization rates and value-added pricing, while improving, have a long way to go."