CLEVELAND-Lamson & Sessions Co. reported sales of its large-diameter Lamson Vylon pipe increased 20 percent in 1994, to $15.4 million. The growth reflected efforts to rebuild the nation's waste-water infrastructure and an internal push to increase sales of value-added products as a percentage of total sales, according to the Cleveland-based company.
Vylon Slipliner pipe, used to repair existing, corroding pipes, had sales of $1.6 million in 1994. The firm said it will introduce a second-generation Slipliner product this year.
The numbers are disclosed in Lamson & Session's annual report for 1994.
Lamson lost money in 1994 when it sold a truck frame division to focus on its plastics and electrical products.
The firm bought Prism Products Inc., which makes lighting controls, security lighting and specialty dimmer products, in the first in a series of planned acquisitions to broaden its core business, said John Schulze, chairman, president and chief executive officer.
Lamson reported a loss of $5.7 million in 1994, because of a $9.9 million loss from discontinued operations when it sold its truck frame business, Midland Steel Products Division, in May.
Without the Midland sale, the firm would have had a profitable year. Profit from continuing operations was $4.2 million.
Sales increased 11 percent in 1994 to $287.6 million, from $259.6 million in 1993. The numbers were adjusted to account for the Midland sale.
In other Lamson news:
Carlon Electrical Products will introduce several product lines, including a multiple-channel raceway to carry cable, fittings and plastic outlet boxes.
Lamson Home Products sales increased 21 percent.
Carlon Telecom Systems, which makes conduit for cable, wants to offset the cyclical nature of its current business by acquiring a ``medium-tech'' company serving the telecommunications market.