NINE MONTHS ENDED
10 November 2012 - 5:28AM
OTC Markets
NINE MONTHS
ENDED
Nov 9,
2012
OTC Disclosure & News
Service
Wilmington, DE – The Board of
Directors of Vulcan International Corporation at a Directors’
meeting held Friday, November 9, 2012 announced that revenues for
the three months ending September 30, 2012 increased to $1,321,443 from $1,233,415 for
the three months ending September 30, 2011. Net earnings for the three months
ending September 30, 2012 were $349,804 compared to $7,749 for the
three months ending September 30, 2011. Earnings per common share for the
three months ending September 30, 2012 were .38 cents compared to
.01 cents for the three months ending September 30,
2011. The revenues for
the nine months ending September 30, 2012 decreased to $4,049,560
from $4,262,012 for the nine months ending September 30,
2011. Net earnings for
the nine months ending September 30, 2012 were $963,277 compared to
$258,198 for the nine months ending September 30, 2011. Earnings per common share for the
nine months ending September 30, 2012 were $1.06 per share compared
to $.28 per share for the nine months ending September 30,
2011. Sales of the
Company’s wholly-owned subsidiary manufacturing rubber and foam
products in Clarksville, Tennessee decreased to $3,214,478 for the
nine months ending September 30, 2012 from $3,245,277 for the nine
months ending September 30, 2011. At the same meeting, the Board
declared a semi-annual dividend of $.60 cents per share on the
common stock of the Company, payable November 20, 2012 to
shareholders of record November 9, 2012. Vulcan International Corporation
is the parent of three real estate companies located in Ohio,
Michigan and Tennessee respectively and is also the parent of
Vulcan Corporation, which is a manufacturer of rubber and foam
products with a manufacturing plant in Tennessee.
Attribute to Benjamin Gettler,
Chairman of the Board and C.E.O.
Vulcan (CE) (USOTC:VULC)
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