Horizon Global moves back to profit
PLYMOUTH—Horizon Global Corp. (NYSE: HZN), the manufacturer of towing and trailering equipment, reported net income of $960,000 or 4 cents a share in the second quarter ended June 30, up …
Stoneridge Sales, Profits Rise
NOVI — Stoneridge Inc. (NYSE: SRI), the manufacturer of automotive electrical and electronic components, reported higher revenue and net income for the first quarter of the year. Net income was …
Visteon Sales Jump 25%
VAN BUREN TWP. — The auto electronics supplier Visteon Corp. reported strong sales for 2015, with total revenue for the year rising 25 percent to $3.25 billion. The company reported …
2015 A Record Year For Fanuc — 400,000 Robots Sold
ROCHESTER HILLS — Fanuc America Corp., the Rochester Hills-based supplier of robotics and factory automation, said Monday that its parent company, Oshino, Japan-based Fanuc Corp., set a new record for …
Tax Credit Boosts Horizon Global Profit; Sales Dip
BLOOMFIELD HILLS — Horizon Global Corp. (NYSE: HZN) completed its first quarter as a stand-alone, independent public company with net income of $6.4 million or 35 cents a share in …
Whirlpool Earnings Dip In Second Quarter
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR) Wednesday reported net income of $177 million or $2.21 a share in the second quarter ended June 30, down from $179 million or …
Acquisition Costs Swing Arotech To Loss
ANN ARBOR — Arotech Corp., the Ann Arbor-based provider of simulation and security products, reported a loss of $483,000 or 2 cents a share on revenue of $24.2 million in the first …
Dow Corning Sales, Profits Dip
MIDLAND — Dow Corning Corp. Wednesday announced first quarter 2015 sales of $1.36 billion, down 11 percent from $1.52 billion in the first quarter of 2014, and net income of …
Whirlpool Stock Tumbles Despite Record Sales
BENTON HARBOR — The Benton Harbor-based appliance manufacturer Whirlpool Corp. (NYSE: WHR) announced today first-quarter net income of $191 million, or $2.38 a share, up from $160 million, or $2.02 per share, …
Masco Sales Rise, Net Falls
TAYLOR — Masco Corp. (NYSE: MAS), the Taylor-based building products manufacturer, reported revenue and profit growth in the first quarter of 2015. Revenue was $2.02 billion, up from $1.97 billion in …