AirBoss’ sales, earnings rise in 2004

Newmarket, Ontario –Spurred by increased volume in its rubber compounding business and growth of its military protective wear unit, AirBoss of America Corp. recorded net income of $1.4 million in 2004, a major improvement from its loss of about $3.6 million last year.

Sales from continuing operations for the year jumped 21 percent to $160 million.

AirBoss reported a loss of $629,970 for the fourth quarter, a significant improvement from the $4.7 million it lost in the fourth quarter of 2003. Sales for the period shot up…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with