Myers Sees Losses in Third Quarter
(Tire Review) Rubber, plastics and metal manufacturer, Myers Industries, Inc. reported net sales from continuing operations for the third quarter, ending 30 September, were $165.4 million, a decrease of 17 per cent compared to $199.9 million in the third quarter of 2008. The company cited continued weak economic conditions for the loss. Myers reported a net loss of $5.3 million in the third quarter compared to net income of $1.3 million in the third quarter of 2008, both including results from discontinued operations, as well as special expenses of $5.8 million in 2009 and $2.6 million in 2008.
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