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International Baler Corp. Message Board

  • jimgray30 jimgray30 Sep 12, 2011 12:22 PM Flag

    Another Perfect Quarter

    No complaints here.

    A little curious why they sold some stock this quarter though. Not significant though.

    Backlog up to $4.7 million!

    They made a sizable investment in PP&E which should help grow the business.

    "In fiscal 2011 the company has made additions to plant and equipment of $213,866 and is committed to an additional $106,088 in the fourth quarter. Included in these capitol expenditures are a hydraulic press break, a ten-ton bridge crane, a two-ton bridge crane and a large fork lift truck."

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