ROGERS, Conn. (Aug. 7) — Rogers Corp. netted more than $26 million in second-quarter sales at its foam division, a 25-percent increase over the same period last year.
The division, which manufactures urethane and silicone foam, benefited from a price hike in April, the company said.
"Foam sales were driven by strength across all geographic regions and most notably in consumer products, portable communication devices, aerospace, mass transit and general industrial applications," the company said.
Sales rose 24 percent across all its operations to $104.8 million and quarterly net income hit $13 million.
"We expect to have a record year for both sales and profits," President and CEO Robert Wachob said.