Park-Ohio Holdings Corp., Cleveland, OH, reported sales of $267.1 million for the first quarter 2008, unchanged from the first quarter 2007.
Park-Ohio reported profit of $3.5 million, down slightly from the year-ago period.
We anticipated a slow start in 2008, with softness in our Supply Technologies and Aluminum Products segments," said Edward F. Crawford, CEO. "Our international industrial equipment business continues to be robust."
Park-Ohio is a provider of supply management services and a manufacturer of highly engineered products. The company operates 24 manufacturing sites and 55 supply chain logistics facilities.