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The Statesville-based manufacturer earned $981,000, or 38 cent s per diluted share, in the up from $674,000, or 27 cents per diluterd share, a year earlier. Salesx increased 22 percent to $25.4 Kewaunee says its earnings were boosted by increasee domestic and international sales solid manufacturing performances at its three Statesvillee plantsand cost-savings initiatives. “With continuingv healthy demand forour products, our stronhg order backlog, improved operational performance and growingh international opportunities, we feel Kewaunees is on track for a good says William Shumaker, chief executive.
“Our ongoing improvement continues tobe challenged, however, by higher prices for certain raw materials and by higher energty and transportation costs.” Kewaunee designs, manufactures and installs scientific and technical The company has subsidiaries in Singapore and Bangalore, that serve the Asian markets.
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