Manufacturing Results News

Wilhelmsen has launched an early adopter program for 3D printed marine spare parts. A strategic move by the six early adopters, Carnival Maritime, Thome Ship Management, OSM Maritime Group, Berge Bulk, Executive Ship Management and Wilhelmsen Ship Management have all signed up with Wilhelmsen’s Marine Products division to begin utilizing on-demand additive manufacturing.Wilhelmsen, in cooperation with Ivaldi Group, will provide spare parts on demand to the selected six customers’ vessels around the globe.

American Commercial Lines Inc. (NASDAQ: ACLI) announced results for the fourth quarter and year ended December 31, 2009. Revenues for the quarter were $226.9 million, a 16.4% decrease compared with $271.6 million for the fourth quarter of 2008. The decrease in revenue in 2009 was primarily due to changes in the mix of commodities shipped by our transportation customers, decreased towing revenue, lower grain freight rates and lower fuel prices (which are generally passed through to our customers). Total ton-mile volume declined by 1.4% compared to the fourth quarter 2008. Income from continuing operations for the quarter was $14.2 million or $1.09 per diluted share, compared to $22.9 million or $1.81 per diluted share for the fourth quarter of 2008.

American Commercial Lines Inc. (Nasdaq: ACLI) ("ACL" or the "Company") announced results for the three and nine months ended September 30, 2008. Revenues for the quarter were $313.7 million, a 21% increase compared with $258.4 million for the third quarter of 2007. Income from continuing operations for the quarter was $18.4 million or $0.36 per diluted share, compared to $15.9 million or $0.30 per diluted share for the third quarter of 2007. Michael P. Ryan, President and Chief Executive Officer, stated, "The third quarter presented us with both challenges and opportunities. We again had multiple significant weather events, including two hurricanes, which limited our operating capabilities throughout the quarter.