E-One lost more than $24 million in '07


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Apparatus Article
June 11, 2008

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E-One lost more than $24 million in '07

By Rick Cundiff
Ocala Star-Banner

OCALA, Fla. — Firetruck manufacturer E-One lost nearly $25 million last year, documents from parent company Federal Signal Corp. show.

Fewer orders, lower production and high fixed costs led to the high losses for E-One, according to a Form 8-K that Federal Signal filed Wednesday with the U.S. Securities and Exchange Commission.

The filing shows E-One, which is for sale, as a discontinued operation — taking it out of the parent company's ongoing financial results. The document also restates Federal Signal's operating results for each quarter of last year.

Full story: E-One lost more than $24 million last year



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