P & F Industries Inc. Resources | BNET
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BNET Industries

P & F Industries Inc. (PFIN) is in the Manufacturing Industry

Revenue
Dec 31 2007
$110.8M
Profit
Dec 31 2007
($14.0M)
Market Cap
Jul 22 2008
$10.9M

Latest News and Analysis

  • Shares of Melville-based P&F Industries plummets

    P&F Industries is taking a hammering. The maker of pneumatic tool's stock price fell more than 10 percent Thursday after it said a "difficult to predict" retail business caused its fourth quarter profit to fall exponentially. Shares of P&F (Nasdaq: PFIN) fell $1.48 to $12.46 per share...

    Articles 2007-03-29

  • P&F Industries sells Farmingdale space

    P&F Industries said Tuesday its Embassy Industries subsidiary has sold a Farmingdale building to Tell Realty LLC for $6.3 million. The contract is subject to cancellation at the purchaser's sole discretion during a 45-day investigation period. Farmingdale-based P&F intends to use the net proceeds...

    Articles 2007-02-27

  • P&F Industries dips

    Air-powered tool manufacturer P&F Industries on Thursday said its third-quarter profit fell 7 percent, as two discontinued operations cost the company's bottom line. P&F, for the quarter ended Sept. 30, posted net income of $1.4 million, down from a profit of $1.5 million in the year-ago quarter....

    Articles 2006-11-09

  • P&F Industries' first-quarter profit falls because of weak

    Tool and hardware maker P&F Industries said its first quarter profit from continuing operations fell 21 percent on weak sales at its Florida Pneumatic air tools subsidiary. For the quarter ended March 31, P&F posted a profit of $872,000, or 23 cents per share, down from the...

    Articles 2006-05-11

  • Farmingdale-based P&F Industries posts flat profit

    P&F Industries said its 2005 profit jumped 24 percent to $4.8 million. But the company's fourth-quarter profit was flat on conflicting results from its two operating subsidiaries. The Farmingdale-based tool maker Monday posted a fourth-quarter profit of $1.1 million, while revenue fell 5 percent to $25.8 million,...

    Articles 2006-03-28

  • Farmingdale-based P&F Industries acquires Pacific Stair

    P&F Industries Inc., a manufacturer and distributor of air powered tools and hardware, now owns Pacific Stair Products, the companies said Wednesday.The price was not disclosed.Farmingdale- based P&F Industries announced the purchase of California-based Pacific Stair Products Dec. 21. The private manufacturer has annual revenues of $5 million. No dramatic...

    Articles 2006-01-04

  • Oxford & Simpson arranges transactions for Farmingdale industrial

    Now that P&F Industries Inc. shed its small heating equipment business for $8 million, it doesn't need its 75,000-square-foot building in Farmingdale. That site's on the market because buyer Mestek Inc. is relocating the business. But publicly-held P&F Industries, a manufacturer and distributor of air powered tools...

    Articles 2005-11-11

  • Bowling Green firm to create 130 jobs

    Rosenboom Machine & Tool, Inc. RMT is expanding its manufacturing operation in the City of Bowling Green, Wood County, which will result in the creation of 130 jobs. RMT, headquartered in Iowa, is primarily involved in the manufacturing of custom designed hydraulic cylinders. This company purchased a Bowling Green hydraulic...

    Articles 2005-07-01

  • Farmingdale-based P&F Industries in deal to sell Green unit assets

    A subsidiary of Farmingdale-based tool and hardware maker P&F Industries Inc. has agreed to sell machinery, equipment, inventory and some accounts receivable to Benko Products Inc. of Sheffield Village, Ohio. The subsidiary, Green Manufacturing Inc., received cash of about $880,000 and promissory notes worth about $958,000. ...

    Articles 2005-02-18

  • Farmingdale-based P&F Industries reports increased second quarter

    Hardware maker P&F Industries Inc. (Nasdaq: PFIN) on Tuesday reported that second quarter income edged up 5.6 percent to 1 million from $960,000 a year ago as sales surged 16.5 percent to $21.7 million. Revenues rose 12.8 percent to $10.9 million at its Florida Pneumatic and Countrywide...

    Articles 2003-08-15

  • P&F Industries net income, revenues jump

    Tool manufacturer P&F Industries Inc. (Nasdaq: PFIN) Thursday said fourth quarter net income rose 20.1 percent to $573,000 on a 19.4 percent jump in revenues to $20.4 million. The firm attributed the robust results to strong performance by its Florida Pneumatic unit, whose sales shot up 20.5...

    Articles 2003-04-04

  • P&F Industries Reports Improved Fourth-Quarter and Year-End 2002 Results

    Business Editors FARMINGDALE, N.Y.--BUSINESS WIRE--March 27, 2003 P&F Industries, Inc. (Nasdaq NM: PFIN), today announced results from operations for the fourth quarter and year ended December 31, 2002. Revenues for the fourth quarter of 2002 increased 19.4% to $20.4 million, compared...

    Articles 2003-03-27

  • Genesis, NHC Communications, and P & F Industries Events to Be Broadcast by Vcall over the Internet

    Business Editors RICHMOND, Va.--BUSINESS WIRE--March 25, 2003 Genesis Energy, L.P. (AMEX: GEL), NHC Communications Inc. (TSX: NHC), and P & F Industries, Inc. (Nasdaq: PFIN) will broadcast their investor communication events over the Internet, Vcall, a Service of WILink announced today. Genesis Energy, L.P....

    Articles 2003-03-25

  • P&F Industries Reports Third Quarter 2002 Results

    Business Editors FARMINGDALE, N.Y.--BUSINESS WIRE--Nov. 12, 2002 P&F Industries, Inc. (Nasdaq NM: PFIN), today announced results from operations for the third quarter ended September 30, 2002. Revenues for the third quarter of 2002 increased 28.2% to $21.1 million, compared to $16.5 million for the...

    Articles 2002-11-12

  • P&F Industries Reports First Quarter 2002 Results

    Business Editors FARMINGDALE, N.Y.--BUSINESS WIRE--May 13, 2002 P&F Industries, Inc. (Nasdaq NM: PFIN), today announced results from operations for the first quarter ended March 31, 2002. Revenues for the first quarter of 2002 were $17.1 million, compared to $17.4 million for the first quarter...

    Articles 2002-05-13

  • P&F Industries Reports First Quarter 2002 Results

    Business Editors FARMINGDALE, N.Y.--BUSINESS WIRE--May 8, 2002 P&F Industries, Inc. (Nasdaq NM: PFIN), today announced results from operations for the first quarter ended March 31, 2002. Revenues for the first quarter of 2002 were $17.1 million, compared to $17.4 million for the first quarter...

    Articles 2002-05-08

  • P&F Industries, Inc. Reports Record First Quarter 2000 Results; Revenue Up 14.8%, Net Income Increases 12.0%

    Business Editors FARMINGDALE, N.Y.--BUSINESS WIRE--April 27, 2000 P & F Industries, Inc. (NASDAQ:PFIN), today announced results from operations for the quarter ended March 31, 2000. Revenues for the first quarter of 2000 rose 14.8% to $20.8 million, from $18.1 million for the first quarter...

    Articles 2000-04-27

  • P & F Industries, Inc. Appoints New Member of the Board

    Business Editors FARMINGDALE, N.Y.--BUSINESS WIRE--April 5, 2000 P & F INDUSTRIES, INC., (NASDAQ NM: PFIN) announced the appointment of Robert M. Steinberg to the Board of Directors, effective March 31st. Mr. Steinberg is Vice Chairman of Reliance Group Holdings, Inc., a property and casualty insurance company...

    Articles 2000-04-05

  • P & F Industries, Inc. Acquires Green Manufacturing, Inc.; Transaction Expected to be Immediately Accretive to Earnings

    FARMINGDALE, N.Y.--BUSINESS WIRE--Sept. 17, 1998-- Green Adds $20 Million Annually in Sales P & F Industries, Inc. (NASDAQ NM: PFINA), today announced the acquisition of Green Manufacturing, Inc. of Bowling Green, Ohio,...

    Articles 1998-09-17

  • P & F Industries announces financial results

    FARMINGDALE, N.Y.--BUSINESS WIRE--July 25, 1996--P & F Industries announces financial results for the three and six months ended June 30. -0- P & F Industries...

    Articles 1996-07-25

  • Incorporated: 1962
  • CEO: Mr. Richard A. Horowitz
  • Employees: 261

P&F Industries conducts its business through its subsidiaries, including Florida Pneumatic Manufacturing Corp., which is engaged in the importation, manufacture and sale of pneumatic hand tools, and the importation and sale of compressor air filters. Co.'s Countrywide Hardware, Inc. subsidiary conducts its business operations through, among others, Nationwide Industries, Inc., an importer and manufacturer of door, window and fencing hardware; and Woodmark International, L.P, an importer and distributor of residential hardware and other accessories for new construction and home improvement applications. Co. has two segments: tools and other products; and hardware and accessories.

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P & F Industries Inc. Company Info

Board of Directors

Mr. Richard A. Horowitz

Chairman

Mr. Marc A. Utay

Mr. Sidney Horowitz

Chairman Emeritus

Mr. Alan I. Goldberg

Mr. Robert M. Steinberg

Mr. Jeffrey D. Franklin

Mr. Dennis Kalick

Mr. Robert L. Dubofsky

Mr. Kenneth M. Scheriff

Mr. Mitchell A. Solomon

Contact Information

300 Smith Street

Farmingdale, NY

http://www.pfina.com

631 694-1800

NAICS Code

Cutting Tool and Machine Tool Accessory Manufacturing: 333515
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