Coltec posted 74% stronger operating profits for 1997
Components-maker Coltec posted 74% stronger operating profits of $94.9 million for 1997 on 13% higher sales of $1.31 billion, with "particularly strong profit improvements at Walbar and Delavan Gas Turbine Products," Coltec reports. In the fourth quarter, the Aerospace Segment saw 16% stronger...
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