Business
9 months ended 2007
9 months ended 2007.
About this update from Vulcan International Corp
[{"type":"text","content":"Vulcan International, a holding company with facilities in Tennessee manufacturing rubber and foam products, and real estate operations in Ohio, Michigan and Tennessee, announced that revenues for the three months ending September 30, 2007 decreased to $1,443,810 from $1,540,150 for the three months ending September 30, 2006. Net earnings for the three months ending September 30, 2007 were $449,883 compared to $417,813 for the three months ending September 30, 2006. Earnings per common share for the three months ending September 30, 2007 were 47 cents per share compared to 43 cents for the three months ended September 30, 2006.\n\nThe revenues for the nine months ending September 30, 2007 increased to $4,765,116 from $4,656,139 for the nine months ending September 30, 2006. Net earnings for the nine months ending September 30, 2007 were $1,924,772 compared to $1,621,951 for the nine months ending September 30, 2006. Earnings per common share for the nine months ending September 30, 2007 were $1.98 per share compared to $1.66 for the nine months ended September 30, 2006. Sales of the Company's wholly-owned subsidiary manufacturing rubber and foam products in Clarksville, Tennessee increased from $3,587,500 for the nine months ended September 30, 2006 compared to $3,649,103 for the nine months ended September 30, 2007. \n\nAt the same meeting, the Board declared a semi-annual dividend of 10 cents per share on the common stock of the Company. It also declared an extra year-end special dividend of 80 cents per share on the common stock. Both dividend payments are payable December 11, 2007 to shareholders of record December 3, 2007. \n\nVulcan 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.\n\nAttribute to Benjamin Gettler, Chairman of the Board and President\n\n","length":2000,"tagName":"div"}]