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Vulcan International Corp
NINE MONTHS ENDED 9/30/2014
Published Nov 13 2014
5 min read

NINE MONTHS ENDED 9/30/2014

NINE MONTHS ENDED

Nov 13, 2014

OTC Disclosure & News Service

 

Wilmington, DE – The Board of Directors of Vulcan International Corporation at a Directors’ meeting held Thursday, November 13, 2014 announced that revenues for the three months ending September 30, 2014 decreased to $1,241,254  from $1,268,116 for the three months ending September 30, 2013.  Net earnings for the three months ending September 30, 2014 were $310,718 compared to $262,258 for the three months ending September 30, 2013.  Earnings per common share for the three months ending September 30, 2014 were .34 cents compared to .29 cents for the three months ending September 30, 2013.  The revenues for the nine months ending September 30, 2014 decreased to $3,967,499 from $3,980,550 for the nine months ending September 30, 2013.  Net earnings for the nine months ending September 30, 2014 were $1,010,409 compared to $879,616 for the nine months ending September 30, 2013.  Earnings per common share for the nine months ending September 30, 2014 were $1.10 per share compared to .96 cents per share for the nine months ending September 30, 2013.  Sales of the Company’s wholly-owned subsidiary manufacturing rubber and foam products in Clarksville, Tennessee decreased to $3,004,176 for the nine months ending September 30, 2014 from $3,159,445 for the nine months ending September 30, 2013.  At the same meeting, the Board declared a dividend of .50 cents per share on the common stock of the Company payable December 12, 2014 to shareholders of record November 28, 2014.  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