Miller Felpax Announces Record Sales Quarter

Miller Felpax, a leading manufacturer and distributor of rail parts, announced today it had achieved a record sales quarter for the 1st Quarter of 2012. This exceeded the 1st quarter of 2011 by 20%, which was the previous record sales quarter.
 
April 23, 2012 - PRLog -- Miller Felpax, a leading manufacturer and distributor of rail parts, announced today it had achieved a record sales quarter for the 1st Quarter of 2012. This exceeded the 1st quarter of 2011 by 20%, which was the previous record sales quarter.

Steven L. Blue, President & CEO commented on the achievement: “This record was achieved primarily because of 2 initiatives. About 2 years ago, we invested in expanding our capabilities and market penetration in the locomotive truck rebuilding market. We have since expanded our presence in that market in a major way. The other reason for the record quarter was a full first quarter of Amfab products, a company we acquired in the second quarter of 2011.”

Steve went on to say that he commended all of the Miller Felpax employees for their extraordinary efforts that made the record quarter possible. In addition Blue said “I fully expect 2012 to be another record year”.

For more information, visit http://www.MillerFelpax.com

About Miller Felpax
Miller Felpax Corporation is a leading manufacturer and distributor of rail parts and has designed and manufactured locomotive, rail car, traction motor, bogie, truck, combo and gear case parts, used in over 100 countries, for over 60 years. Miller Felpax Corporation is the original inventor and manufacturer of traction motor lubricators and traction motor gear case seals, for both EMD and GE locomotives.
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Source:
Email:***@millerfelpax.com
Phone:507-452-2461
Zip:55987
Tags:Locomotive, Railway, Railroad, Gearcase, Truck Parts, Manufacturing, Gear Seals, Gearseals
Industry:Manufacturing, Transportation
Location:Winona - Minnesota - United States
Subject:Earnings
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