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Hawk record
Hawk Corporation based in Cleveland, Ohio announced record
2005 sales of $265.4 million and income of $15.4 million,
a 19.4 percent decrease from 2004. Sales and earnings in its
PM division gained.
Hawk reported that 2005 sales benefited from new business
and improved conditions. It attributed the earnings decline
to costs associated with the new friction products facility
in Oklahoma.
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