Niagara's earnings surge to highs, but demand shows signs of easing

Nov 03, 2004 | 09:36 AM |

Citing higher prices and strong demand for its finished steel bar products, Niagara Corp. reported record earnings and sales for the third quarter.

Niagara posted net income of $5.6 million during the quarter, nearly ten times higher than the $567,000 profit posted in the 2003 third quarter. Sales increased 62 percent to $113.1 million from $69.8 million in the comparable 2003 quarter.....

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