The 2020 Mid-Year Economic Update_long

Park-Ohio Sales Up 13.5% in Third Quarter

Profit increased 1.6 percent to $12.4 million.

Park-Ohio Holdings Corp. (NASDAQ: PKOH), Cleveland, OH, reported sales for the third quarter of $344.6 million, a 13.5 percent increase over the same period a year ago. Profit increased 1.6 percent to $12.4 million.

For the nine month period, sales were $1 billion, up 12.5 percent year over year. Profit increased 1 percent to $34.9 million.

ParkOhio is a provider of supply management services and a manufacturer of highly-engineered products.

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