News - Ferro Corporation
CLEVELAND, June 9 /PRNewswire-FirstCall/ -- Ferro Corporation (NYSE: FOE) announced today that it is expanding capability in its Suzhou, China, and Taipei, Taiwan, photovoltaic (PV) technology centers as part of a wide-ranging plan to support growth in the Asian marketplace.
Ferro Corporation's (NYSE:FOE) Porcelain Enamel business has announced porcelain enamel product price increases for North America (including Mexico). Increases are between 6 and 12 percent, and up to 20 percent for some specialty products. Pricing changes are in effect as of September 1, 2008.
Ferro Corporation (NYSE: FOE) announced today that it is taking additional actions to rationalize manufacturing and reduce expenses worldwide.
Ferro Corporation (NYSE: FOE) announced today that sales for the year ended December 31, 2007 were a record $2.2 billion, up 8 percent from 2006. Sales for the fourth quarter were $570.7 million, an increase of 14.8 percent from the fourth quarter of 2006.
