US Emerson Bearing Company's operating profit reached 683 million U.S. dollars, up 17%

Emerson Bearing Company (NYSE:EMR) reported its third-quarter sales on June 30, 2011, with total sales of US$6.3 billion, up 16% from the same period last year. Sales rose by 10 percentage points, of which sales of the company in the United States increased by 6 percentage points and international sales increased by 13 percentage points.

At the same time, the company’s operating profit reached 683 million U.S. dollars this quarter, an increase of 17%.

In June and July, the commercial situation in the Americas and Europe was in a weak trend, which severely hit the business community. However, diversified global production technologies will certainly drive the recovery of some industry-oriented enterprises.

David N, CEO of Emerson Bearing, USA. Farr said: "Although the ongoing debt disputes in Europe and the Americas in the previous quarter had a negative impact on corporate investment, the 2011 fiscal year was very good for the development of the company.