CLARCOR Acquires Perry Equipment Corporation (Peco)

CLARCOR Inc. acquired Perry Equipment Corporation (Peco) in December 2008. Peco's results are included in CLARCOR's second quarter 2008 financials, contributing nearly $30 million in sales and $4 million in operating profit. The acquisition is expected to be accretive to diluted earnings per share in 2008.

“Second quarter 2008 sales and operating profit included the sales and operating profit of Perry Equipment Corporation (Peco) which CLARCOR acquired in December 2008.”

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