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The eBearing News
July 19, 2000


Genuine Parts Reports
Second Quarter 2000 Results
copyright © 2000 eBearing Inc.

      Genuine Parts (Atlanta, Georgia), parent of bearing distributor Motion Industries, reported second quarter 2000 operating results.

      Sales increased from $2 billion in 1999 to $2.1 billion in second quarter 2000, while net income rose from $92.5 million to $96.5 million for the quarter.

      For the six months ended June 30, 2000, sales were $4.2 billion, up from $3.9 billion in 1999 and Net Income rose from $178.6 million to $188.3 million.

      Separate results for the Motion Industries operation were not immediately available.

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- by Bruce A. Carr
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.