Atkore posts $17M net loss on construction weakness
Dec 19, 2011 | 05:33 PM
| Michael Cowden
Tags
Atkore,
John Williamson,
Tyco International,
Clayton Dubilier & Rice,
steel tube,
steel pipe,
Michael Cowden
TORONTO — Atkore International Holdings Inc. logged losses in its first year as a stand-alone company even as sales volumes increased, with the company citing a weak nonresidential construction sector.
The company reported a net loss of $17 million on sales of $1.3 billion for the nine months spanning Dec. 23, 2010, to Sept. 30, 2011, according to the company’s 10-K filing with the U.S. Securitites and Exchange Commission.....
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