“The decrease was largely due to the continued economic slowdown which negatively impacted shipment volumes worldwide,” the company said Monday Aug. 10.
Operating income of $18.3 million was recorded, compared to operating income of $10.4 million in last year’s second quarter.
Net sales for the first six months of 2009 were put at $426 million, a fall of 12.5 percent compared to first-half sales in 2008 of $486.7 million.
The employee-owned company has some 400 workers at its West Carrollton mill.
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