Business Segments

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Business Segments

Note 18 – Business Segments

Presented below are the net sales and income (loss) before income taxes for the Corporation’s two business segments.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Net sales:
Forged and Cast Engineered Products	$	75,511		$	61,179		$	229,848		$	195,558
Air and Liquid Processing		24,136			20,006			66,807			64,855
Total Reportable Segments	$	99,647		$	81,185		$	296,655		$	260,413
Income (loss) before income taxes:
Forged and Cast Engineered Products	$	(62	)	$	(2,832	)	$	1,107		$	688
Air and Liquid Processing		2,917			2,891			8,177			7,265
Total Reportable Segments		2,855			59			9,284			7,953
Other expense, including corporate costs		(734	)		(1,234	)		(4,587	)		(5,837	)
Total	$	2,121		$	(1,175	)	$	4,697		$	2,116