Industrial services provider MISCOR Group, Ltd. reported a return to profitability on a 16 percent increase in revenues for the second quarter ended July 1, 2007. MISCOR posted gains in each of its segments and in both product sales and services revenue.
MISCOR, a provider of mechanical and electrical industrial services and products, reported net sales of $16.8 million for the second quarter of 2007, compared with net sales of $14.5 million in the same quarter last year. The addition of strong service-based revenue from the Company's May 2006 acquisition of Smith Services of Alabama, coupled with growth in both of MISCOR's two operating segments - Repair, Remanufacturing and Manufacturing (RRM) and Construction and Engineering Services (CES) - drove the sales gain.
