Blount International sales jump

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Wednesday, March 07, 2012

Sales at Portland-based Blount International jumped 36% in 2011, and 2012 sales are expected to exceed $1 billion.

For the full year, Blount’s net income increased 5 percent to $49.7 million, or $1.01 per diluted share. Sales increased 36 percent to $831.6 million.
The company forecast full year revenues in 2012 between $1.02 billion and$1.06 billion.

Read more at OregonLive.com.

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