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Olin releases first quarter financials

Winchester plant in Oxford (WTVA)
Winchester plant in Oxford (WTVA)
Reported by: Mel Carlock
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Updated: 4/29/2013 2:49 pm
CLAYTON, Mo. (WTVA) -- Olin Corporation reports sales at its Winchester division are on the rise.

The company, with centerfire ammunition plant in Oxford, reports sales in the first quarter of 2013 were $188 million.

That is nearly $40.5 million over the sales reported during the same period of 2012.

The company says it took pretax restructuring charges of $2.3 million, most of which involved the relocation of centerfire manufacture from Illinois to Mississippi.

The Olin Corporation reported the total sales for all divsions during the first quarter was $630 million, up nearly $123 million over the same period last year.
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