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The Swedish manufacturer eliminated 850 positions during the year as part of a cost-cutting program.
Cutting tools manufacturer records a loss for the full-year 2009.
Excluding results of sold needle roller bearings business, Timken had sales of $3.1 billion in 2009.
Anixter: Best sales performance in fourth quarter was in North American OEM supply end market.
Growth in Asia, Climate Technologies offset some declines for the electrical and electronics manufacturer.
Swedish industrial group looking to emerging markets for growth.
In Jack Keough's first blog for MDM, he looks at what makes a top performer tick.
Pentair CEO: Fourth quarter results exceeded expectations.
The electrical manufacturer recorded sales of $1.9 billion in 2009.
While declines in 2009 were more significant than anticipated, 99% of survey respondents expect improved or flat sales in 2010.