Jorgensen Co. Reports Income

Brea metal distributor Earle M. Jorgensen Co. said net income for the fiscal third quarter totaled $3.6 million, up from $1.6 million a year ago. The income figure for the third quarter a year earlier included a net loss of $2.2 million from the sale of fixed assets, including the company’s operations in Hawaii. Revenue for the quarter ended Jan. 2 rose 13% to $259.5 million.