MUSCATINE, Iowa (May 2)—Bandag Inc. had net income of $10 million for the first quarter of 2000, ended March 31, about the same as earnings reported for the period last year. Sales also were about the same with $224.3 million in the 2000 first quarter compared to $224.1 million in 1999. While the firm made solid progress in the quarter, Chairman and CEO Martin G. Carver said Bandag´s global tread volume was down 4 percent, principally because of lower North American sales.
Bandag remains on par with 1999
Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].