Business
Annual Shareholder Meeting
Annual Shareholder Meeting.
About this update from Vulcan International Corp
[{"type":"text","content":" VULCAN INTERNATIONAL CORPORATIONNEWS RELEASEANNUAL SHAREHOLDER MEETING FOR IMMEDIATE RELEASE May 7, 2010 Vulcan International, a Delaware holding company with subsidiaries owning facilities in Tennessee manufacturing rubber and foam products and real estate in Ohio, Michigan and Tennessee, held its annual shareholders meeting in Covington, Kentucky on Thursday, May 6, 2010. At that meeting, the shareholders re-elected the following five incumbent Directors. Name ResidenceLeonard Aconsky New York, NYWarren C. Falberg Cincinnati, OHBenjamin Gettler Cincinnati, OHThomas D. Gettler New York, NYEdward B. Kerin Poughkeepsie, NY At the meeting, shareholders were advised as to the financial results for the 12 months ending December 31, 2009. Revenues for the 2009 period were $5,085,949 compared to 2008 revenues of $6,848,372. Net income for 2009 was $608,927 compared to net income of $2,282,456 in 2008. Earnings were $.67 per common share in 2009 compared to $2.41 in 2008. At a Board meeting following the shareholders meeting, the Board considered the matter of a 2010 dividend. It determined that in view of the state of the economy it would postpone until the last meeting of the year consideration of any dividend. ##############################Contribute to Benjamin Gettler, Chairman of the Board and President. ","length":5067,"tagName":"div"}]