Operating profit at our Industrial/Environmental Filtration segment grew $3.5 million, or 48%, from the first quarter of 2011. Approximately 70% of this increase was from our domestic and foreign natural gas business due to both higher sales and operating margin. The 8.8% operating margin in our Industrial/Environmental Filtration segment in the first quarter increased 2.3 percentage points from last year including a 1.1 percentage point improvement in gross margin percentage and a 1.2 percentage point reduction in selling and administrative costs as a percentage of sales.Packaging Segment
CLARCOR Reports Record First Quarter Results
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