Company Profile For Kaydon Corporation

Kaydon Corporation (Kaydon) is a designer and manufacturer of custom-engineered, performance-critical products for a diverse customer base. The Company's principal products include bearing systems and components, and filters and filter housings, as well as custom rings, shaft seals, linear deceleration products, specialty balls, fuel cleansing systems, gas-phase air filtration systems and replacement media, industrial presses and metal alloy products. These products are used by customers in a range of robotics, medical, material handling, machine tool positioning, aerospace, defense, security, electronic and other industrial applications. Kaydon has three reportable segments and other operating segments engaged in the manufacture and sale of Friction and Motion Control Products, Velocity Control Products, Sealing Products and Others.

BRIEF: For the nine months ended 3 October 2009, Kaydon Corporation's revenues decreased 15% to $332.3M. Net income decreased 32% to $34.2M. Revenues reflect a decrease in income from Friction Control Products, lower revenue from Velocity Control Products and a decrease in revenue from Sealing Product segment. Net income also reflects a decrease in gross profit margin, lower operating income and decreased interest income.