Clarcor, Inc. (NYSE:CLC) has announced the financial results for the fourth quarter and full year of 2009. The financial report showed the company’s net sales for the quarter as $234,392. The year ago period was reported 11.9% higher at $265,983. The net sales for the year ended November 28, 2009, were $907,748, 14.3% less than the previous year’s net sales of $1,059,601.
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Clarcor held a conference call on Thursday, January 14 to discuss the financial results. A webcast of the conference is available online at ww.clarcor.com. The webcast will remain on the site for thirty days as a replay. To listen to a telephone replay, interested parties may dial 1.888.203.112, or 1.719.457.0820 and entering the confirmation code 4947707 until January 21, 2010. The full financial report will also be available on the site for review.
CLARCOR Inc. conducts business in three segments: Engine/Mobile Filtration, Industrial/Environmental Filtration and Packaging. The Company’s Engine/Mobile Filtration Segment sells filtration products used on engines and in mobile equipment applications, including trucks, automobiles, buses and locomotives, and marine, construction, industrial, mining and agricultural equipment.. The Company’s Industrial/Environmental Filtration Segment centers on the manufacturing and marketing of filtration products used in industrial and commercial processes and in buildings, and infrastructures of various types. The Company’s consumer and industrial packaging products business is conducted, through a wholly-owned subsidiary, J.L. Clark, Inc. (J.L. Clark). In May 2008, the Company acquired a 30% share in BioProcess H2O LLC (BPT), a Rhode Island-based manufacturer of industrial waste water and water reuse filtration systems. The Company acquired 100% of the Keddeg Company on December 29, 2008.
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