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The company's domestic hose clamp, assembly fastener and cold headed products divisions each reported increases in sales and operating income for the second quarter. The company also manufactures rivets and externally threaded fasteners for the aerospace industry and specialty machined and cold headed products. The company's domestic assembly fastener and cold headed products divisions each posted sales increases of 8% during the first quarter; however, lower sales and operating profit were reported by the remaining domestic and international Specialty Fastener divisions. |
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