|
|
Article: Northern Technologies International Corporation Announces Fiscal Year 2006 Net Sales and Earnings.
- Article from:
- PR Newswire
- Article date:
- November 15, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
LINO LAKES, Minn., Nov. 15 /PRNewswire-FirstCall/ -- Northern Technologies International Corporation announced today its operating results for fiscal year 2006.
The Company's net sales increased 12.1% during fiscal 2006, as compared to fiscal 2005 primarily as a result of the increase in demand of Zerust(R) products and of React-NTI products to new and existing customers in North America. Net sales of Zerust(R) products increased $1,501,881 to $12,099,187 and net sales of React-NTI products increased $286,411 to $4,505,777 during fiscal 2006 as compared to fiscal 2005.
Total net sales of all of NTIC's joint ventures increased 11.9% to $63,959,090 ...