Fourth-Quarter Earnings Climb for Some Electrical Manufacturers and Distributors

While positive financial reports from publicly held electrical manufacturers and distributors have been rare in recent months, several companies had good news to report for 2002's fourth-quarter. Following is a sampling of financial statements from manufacturers and distributors.

Thomas & Betts Corp. T&B Corp., Memphis, Tenn., reported net income of $13.7 million compared with a year-ago loss of $90.4 million after a pretax restructuring charge of $93 million.

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