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Garlock Sealing Technologies Announces Third Quarter 2011 Results

Monday, November 07, 2011  
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Garlock Sealing Technologies (GST) and its subsidiaries reported an increase in third party sales of 14% from the third quarter of 2010 as demand grew from industrial markets in the United States. GST's profits improved as volumes increased, but profit margins declined slightly as improvements in pricing only partially offset increases in cost and a $1 million increase to its environmental accrual. More...

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