The company announced a manufacturing consolidation plan that will include moving Powers Process Controls, acquired last September, into Watts' New Hampshire plant. They also will be expanding manufacturing capacity in China.
Watts Industries Reports Increase In 2001 Sales
February 14, 2002
Watts Industries reported a 6 percent increase in 2001 sales to $548.9 million with net income of $26.6 million, compared with $31.2 million the prior year.