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|Description||TAYLOR DEVICES Newport Carton IN PUSH FOR HIGHER SALES The Buffalo News Not increasing profits. Marlboro Red Cigarettes Increasing sales. "I'm looking for growth," the chairman and president of Taylor Devices said after the firm's annual meeting on Friday. "If the company's sales continue to grow, the profits will come." In fact, Taylor will have a more challenging time boosting its profits over the next few months, partly because the North Tonawanda shock absorber manufacturer has used up the tax loss carryforwards that helped inflate Cheap Cartons Of Cigarettes its earnings during earlier quarters. That impact was apparent during Buy Cheap Cigarettes Online the company's first quarter, which saw Taylor's earnings plunge by 53 percent because of weakening profit margins, lower sales and a tax rate that rose to 35 percent from 25 percent Carton Cigarettes the year before. "For the last three years, the company has been operating under the warm blanket" of tax loss carryforwards, said Kenneth G. Bernstein, the firm's treasurer. Still, Taylor told shareholders that the company's main goal of building sales is on target, with the firm's backlog of orders rising by 4 percent to Marlboro Menthol Cigarettes $8.4 million on Oct. 1 from $8.1 million a year ago. "We expect Cheap Newport Cigarettes to see a record year this year" for sales, which would be the company's third straight all-time high, said Richard G. Hill, vice president. Taylor said the company's fastest-growing business is its line of shock absorption equipment that helps protect buildings, bridges and other structures from earthquake and wind damage. The company has booked nine orders for seismic dampers this year and hopes to win two more before the end of December, said Robert Schneider, who shares marketing responsibilities for Taylor's industrial products division. Next year, Taylor expects to book about 20 seismic orders. Taylor's commercial and industrial contracts now Cigarettes Wholesale account for 49 percent of its backlog, up Marlboro Lights 100S from just 20 percent a year ago. The company's biggest current project is to provide 292 dampers to protect the 14-story San Francisco Civic Center office building from earthquake damage. The firm also is supplying 120 seismic dampers that will be used to protect the Money Store's new national headquarters in Cigarettes For Sale Online Sacramento, Calif., and 22 dampers to protect two smelter buildings at Quebec Iron and Titanium in Tracy, Que., from wind and earthquake damage. The firm also has won contracts to retrofit the Kaiser Data Center in Corona, Calif., and a Rockwell International office building in Newport Beach, Calif. The company's aerospace and defense business had flat sales last year at around $3 million, but those projects were substantially more profitable than the division's product mix the year before, said John Mayfield of Taylor's aerospace and defense products division. And while new order bookings for the division fell by 25 percent during the fiscal year that ended in May, Mayfield said the company is working on several projects that could lead to considerable business in the future.|
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