Compressed Air Best Practices - January 2008 - (Page 49)

Compressed Air Industry ENERGY MANAGEMENT | 01/08 | Sales in the third quarter were $252.7 million, an improvement of 11% over the third quarter of 2006 when sales were $228.6 million. Sales improved in all of the company's segments, reflecting continued strength in North American and European industrial markets, high levels of activity in oil and gas markets worldwide, the benefits of acquisitions and favorable foreign exchange. Acquisitions and foreign exchange accounted for about six percentage points of the improvement in sales. Segment profits improved by 30% in the third quarter to $40.4 million compared to $31.1 million a year ago, and segment profit margins reached 16.0% compared to 13.6% a year ago. Lower pension expense, improved pricing, acquisitions and foreign exchange each benefited the comparison to segment profits in the third quarter of 2006, as did the absence of a contract loss provision recorded last year at Fairbanks Morse Engine. Sales in the Engineered Products segment increased 15% over the third quarter of 2006. Acquisitions and foreign exchange contributed 11 percentage points of the improvement. Sales at GGB Bearing Technology benefited from increased demand in Europe, improved pricing and the benefits of foreign exchange. Acquisitions completed in June and July of 2007 combined with strong organic growth to help sales at Compressor Products International (previously known as France Compressor Products) nearly double over the third quarter of 2006. At Quincy Compressor, sales decreased as activity in construction markets declined from the record levels of a year ago. The segment’s profits in the third quarter of 2007 grew by 15% compared to the same period in 2006, and profit margins increased slightly to 15.5%. GGB’s profits improved and profit margins increased as the business benefited from stronger European markets, greater efficiencies, better pricing and foreign exchange. Profits at Compressor Products International (CPI) increased reflecting stronger market conditions and the contribution of acquisitions. Profits at Quincy Compressor were about the same as last year, although margins improved as Quincy benefited from increased efficiency. BP DECEMBER 4, 2007 PRICE PERFORMANCE LAST PRICE COMPRESSED AIR BEST PRACTICES MAGAZINE www.airbestpractices.com ADVERTISER INDEX Company Page Web Site Kaeser Compressor Outside Back Cover Inside Back Cover Inside Front Cover 3 5 7 9 11 13, 15, 17, 19 18 20 23 25 27 29 www.kaeser.com Globalcon www.globalconevent.com Atlas Copco www.atlascopco.com Hitachi Sullair Belair Technologies CDI Meters Chicago Pneumatic Curtis Compressor www.hitachi.us/airtech www.sullair.com www.belairtech.net www.cdimeters.com www.cp.com www.curtiscompressor.com Lubriplate Bauer Compressors Mikropor America UE Systems COAIRE Technologies www.lubriplate.com www.bauercomp.com www.mikroporamerica.com www.uesystems.com www.coaire.com www.jorc.com SYMBOL 1 MONTH 6 MONTHS 12 MONTHS JORC Parker-Hannifin Ingersoll Rand Gardner Denver United Technologies Donaldson EnPro Industries SPX Corp PH IR GDI UTX DCI NPO SPW $79.57 $51.48 $33.00 $74.75 $46.00 $30.35 $102.95 -0.3% 0.9% -4.8% -1.0% 10.3% -12.8% -3.9% 15.2% -1.3% -19.7% 5.9% 26.9% -26.9% 17.4% 44.1% 33.2% -10.8% 17.3% 32.1% -11.7% 67.5% www.airbestpractic ces.com 49 http://www.airbestpractices.com http://www.kaeser.com http://www.globalconevent.com http://www.atlascopco.com http://www.hitachi.us/airtech http://www.sullair.com http://www.belairtech.net http://www.cdimeters.com http://www.cp.com http://www.curtiscompressor.com http://www.lubriplate.com http://www.bauercomp.com http://www.mikroporamerica.com http://www.uesystems.com http://www.coaire.com http://www.jorc.com http://www.airbestpractices.com

Table of Contents Feed for the Digital Edition of Compressed Air Best Practices - January 2008

Compressed Air Best Practices - January 2008 Contents Focus Industry Features Compressed Air Industry Articles From the Editor Real World Best Practices: Selecting A VSD Rotary Compressor Audit of the Month: Energy Savings in Peru The Low-Hanging Fruit in Pneumatic Systems Mikropor America, Inc. Wireless Sensor Networks: Improve Efficiency in Compressed Air Systems Special Report: The Chicago Pneumatic Compressor Launch in North America The Importance of Measuring Vacuum The Comp-Air Service Co. Special Report: The 2007 NAACD Wall Street Watch Advertiser Index Job Market

Compressed Air Best Practices - January 2008

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