Rexnord LLC, diversified producer of power transmission and water management products, reported sales for the third quarter were $449.1 million, an increase of 58.6% over the prior-year quarter. Consolidated core sales growth was 10.9%.
Power transmission sales were $334 million; core sales growth was 11.1%. Water management sales were $115.1 million; core sales growth was 10.2%.
For the first nine months of fiscal 2008, Rexnord had 9.5% core sales growth, with sales of $1.3 billion. PT sales in the first nine months were $969.7 million, an increase of 11.5%, driven by strength in power transmission end markets of mining, energy, aggregates and aerospace.