Lawson Products Inc. (LAWS)

Lawson Products, Inc. distributes and markets systems, services, and products to the industrial, commercial, institutional, and governmental maintenance repair and operations marketplace in the United States and Canada. The company also manufactures and distributes components, fasteners, and fittings to the original equipment marketplace, including the automotive, appliance, aerospace, construction, and transportation industries. Its product categories include fastening systems; specialty chemicals; cutting tools and abrasives; fluid power; aftermarket automotive supplies; electrical; and welding and metal repair. Lawson Products, Inc. was founded in 1952 and is headquartered in Des Plaines, Illinois.

For the nine months ended 30 September 2006, Lawson Products Inc.'s revenues increased 17% to $392M. Net income from continuing operations before accounting change decreased 35% to $11.6M. Revenues reflect an increased sales in Maintenance, Repaid & Replacement and Original Equipment Manufacturer distribution segments. Net income was offset by higher selling, general & administrative expense and inclusion of loss on sale of equipment.