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Vulcan International Corp
9 MONTHS ENDED 9/30/2015
Published Oct 28 2015
4 min read

9 MONTHS ENDED 9/30/2015

NEWS RELEASE

October 28, 2015

NINE MONTHS ENDED 9/30/2015

The Board of Directors of Vulcan International Corporation at a Directors’ meeting held Wednesday,

October 28, 2015 announced that revenues for the three months ending September 30, 2015 decreased to $1,155,499 from $1,241,254 for the three months ending September 30, 2014. Net earnings for the three months ending September 30, 2015 were $322,621 compared to 310,718 for the three months ending September 30, 2014. Earnings per common share for the three months ending September 30, 2015 were $.35 compared  to $.34 for the three months ending September 30, 2014. The revenues for the nine months ending September 30, 2015 decreased to $3,548,124 from $3,967,499 for the nine months ending September 30, 2014.  Net earnings for the nine months ending September 30, 2015 were $1,009,489 compared to $1,010,409 for the nine months ending September 30, 2014.  Earnings per common share for the nine months ending September 30, 2015 were $1.10 compared to $1.10 for the nine months ending September 30, 2014.  Sales of the Company’s wholly-owned subsidiary manufacturing rubber and foam products in Clarksville, Tennessee decreased to $2,921,628 for the nine months ending September 30, 2015 from $3,004,176 for the nine months ending September 30, 2014.

 

At the same meeting, the Board declared a dividend of  $0.38 per share on the common stock of the Company, payable  November 25 ,2015 to shareholders of record  November 12, 2015.

 

 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 John Gabriel, President