Rexnord Corp. (NYSE: RXN), Milwaukee, WI, reported sales for the fiscal 2013 second quarter ended Sept. 29, 2012, of $499.5 million, an increase of 11.4 percent over the same period a year ago. Profit more than quadrupled to $19.2 million.
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Process & Motion Control sales in the second quarter were $309 million, slightly lower than the comparable period a year ago. Water Management sales increased 38 percent to $190 million due to the acquisition of VAG.
For the first six months, sales were $993.1 million, 8.2 percent above the fiscal 2012 first half. Profit increased 8.3 percent to $17 million.