Keystone net income slides despite increase in shipments

May 15, 2012 | 11:40 AM | Anne Riley

Tags  Keystone Consolidated Industries, Keystone Steel & Wire, wire rod, wire products

NEW YORK — Keystone Consolidated Industries Inc. reported a modest pullback in net income in the first quarter due to a $2.9-million lower defined benefit pension credit.

The Dallas-based parent of Peoria, Ill., wire rod and fabricated wire products manufacturer Keystone Steel & Wire Co. posted net income of $7.27 million, down 8.8 percent....

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