TITLE

Wolverine Tube Reports $48 Million Loss in 2008

PUB. DATE
July 2009
SOURCE
Metal Center News;Jul2009, Vol. 49 Issue 8, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Huntsville, Alabama-based Wolverine Tube Inc. which reported a net loss of 48.5 million dollars in 2008. It mentions that the 2008 net sales declined 19 percent to 816 million dollars from 1.0 billion dollars in 2007. Moreover, Harold Karp, president of the company, stresses that the global economic conditions have weakened demand for their tube products and fabricated assemblies.
ACCESSION #
43478257

 

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