General Bearing Sales Up 22.7% for 3Q-Bearing News

General Bearing Corp., West Nyack, NY, reported third quarter sales of $39.2 million, up 22.7% over the third quarter of 2007. Profit increased 15.5% to $2.2 million. For the nine months ended Sept. 27, 2008, sales increased 12.9% over the prior year period to $108.5 million. Profit was $4.9 million, a decrease of 9%. General Bearing manufactures ball bearings, tapered roller bearings, spherical roller bearings, and cylindrical roller bearings, and bearing components for original equipment manufacturers in the automobile, truck/trailer, railcar, office equipment, machinery and appliance industries, as well as the industrial aftermarket.

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