Tredegar net slips despite sales, Bonnell rises

Feb 24, 2014 | 06:54 PM | Michael Cowden

Tags  Tredegar, Nancy Taylor, Bonnell Aluminum, earnings results, aluminum, aluminum extrusions, automotive, Aacoa Michael Cowden

CHICAGO — Tredegar Corp.’s net income dipped in 2013 despite a strong year for subsidiary Bonnell Aluminum Inc. as higher sales volumes were offset by lower aluminum prices.

The first half of this year could also be challenging, the Richmond, Va.-based company warned in commentary released with its earnings results Feb. 24.

But Tredegar president and chief executive officer Nancy M. Taylor remained optimistic about the company’s prospects in 2014. "We believe we can achieve sales and volume improvements for the year even after a soft start," she said in a statement.....

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