CHARLOTTE, N.C. (July 18)—Carlisle Cos. Inc.'s earnings rose 49 percent to $24.7 million, or 81 cents per share, during the second quarter as sales jumped 12.6 percent to $552.3 million. The earnings figure was a 49 percent increase over the 2001 second quarter profit of $16.6 million. Carlisle's rubber-related products segments did well during the quarter. Sales for the Industrial Components segment increased 62 percent over the same period in 2001 to $183 million, based on the August acquisition of Dayco Industrial Power Transmission and increased sales by Carlisle Tire & Wheel Co. The Construction Materials segment had sales of $133 million—up slightly from last year—in the quarter based on increased volume in Carlisle SynTec businesses, including thermoplastic olefin roofing materials.
Carlisle increases second-quarter earnings with help from rubber, roofing businesses
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