Patrick Industries Reports Increased Q3 Results

ELKHART, IN -- Patrick Industries, a manufacturer and distributor of building and component products for the recreational vehicle (RV), manufactured housing and industrial markets, reported net earnings of $0.4 million, or $0.08 per share, on net sales of $90.8 million for the third quarter of 2006, compared with net earnings of $0.1 million, or $0.03 per share, on net sales of $81.1 million for the same period in 2005.

The combined manufactured housing and RV market sectors represent 73% of the company's sales for the nine months ended September 30, 2006. Industrial and other sales, which include sales to the kitchen cabinet, office furniture, store fixtures and other industries, represent approximately 27% of the company's sales for the same period. Read more.

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