Miller Industries tallies 20% sales gain in 3Q

Fabrication logo Miller Industries, manufacturers of multiple brands of wrecker bodies, posted sales of $107.4 million during third quarter 2006, up 20% from the corresponding period in 2005.

Third quarter 2006 net income rose 23.3% to $6.7 million, compared with third quarter 2005 net income of $5.4 million, which included a loss from discontinued operations of $30,000.

For the nine-month period ended Sept 30, 2006, net sales rose 12.9% to $292.7 million versus $259.3 million in the prior-year period. For the first nine months of 2006, Miller reported net income of $18.1 million, compared with net income for the first nine months of 2005 of $12.6 million, which included a loss from discontinued operations of $110,000.

TAGS: Fabrication
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