By Joel Dresang
Milwaukee Journal Sentinel
Citing payoff from efforts to increase operating efficiency, wipes manufacturer Tufco Technologies Inc. of Green Bay reported increased second-quarter earnings Tuesday.
Net income grew to $191,000, or 4 cents a share, from $47,000 or 1 cent, in second quarter 2007. Sales increased by 7% to $29.6 million from $27.6 million.
Through the first six months of Tufco’s fiscal year, net income rose to $231,000 or 5 cents a share, from $178,000, or 4 cents, in the first half of 2007. Sales declined slightly to $54.2 million from $54.6 million.
Besides making wipes for leading consumer products marketers, Tufco also has specialty printing services and business imaging products.
Wednesday, May 14, 2008
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