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Breaking news in Wholesale Distribution
Decreases driven by transportation and industrial markets, aerospace and automotive.
Recent article looks at Timken's approach to new markets.
Geothermal is latest beneficiary of government money.
Sales for the manufacturer of power transmission products were down 43% from a year ago.
The company recorded a loss of $9.8 million for the quarter.
Same-store sales for the gases distributor fell 19% during the quarter.
The equipment rental company also reported $0 in profit.
Profit for the electronics distributor fell 43.6% year-over-year.
Bearings manufacturer's results boosted by wind energy sales.
Manufacturing Barometer indicates only 13% of survey respondents are pessimistic about the U.S. economy's prospects in 2010.