Chemed Corp. announced its second quarter and 2001 calendar year sales and earnings will be lower than previously reported. The significant factor affecting second-quarter results is slowing sales in the company's Roto-Rooter segment, largely attributable to a progressive softening demand for both commercial and residential repair plumbing services. This slowdown, has continued into the second quarter. Second quarter sales for Roto-Rooter are now expected to be below prior year sales by 3 percent.
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For plumbers in Flint, Mich., “it’s been a heck of a year,” said Harold T. Harrington, a master plumber and pipefitter working as the business manager for Flint’s United Association of Plumbers and Pipefitters, Local 370. Read more stories in 2017 March Issue.