Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Tecumseh Reports 2Q Sales Loss
Aug 6, 2009
 Printable format
 Email this Article
 Search

Tecumseh reported that 2Q net sales decreased to US$161.2 million from $273.8 million in 2008. Compressors for commercial and aftermarket applications showed the most substantial decline when compared to 2Q 2008, down by $72.9 million or 51.2%. Sales of compressors for air-conditioning and other applications declined by $12.9 million or 27.4%.

"As with most companies, the global business climate remains difficult and as a result, many of our customers are reducing inventory levels, putting downward pressure on our sales," said Ed Buker, Chairman, president, and CEO of Tecumseh Products. "This has most directly impacted our sales of compressors for commercial and aftermarket applications, as well as refrigeration & freezer applications."

Back to Daily News

 

Daily News

...........................................................

Nov 26, 2014: Hamilton Beach 3Q income down slightly

Nov 26, 2014: LG's sales of Inverter Linear Compressor refrigerators top 10 million

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows