Thomas Industries Declares Dividend and Elects Vice President of Worldwide Pumps and Compressors
The Board of Directors of Thomas Industries Inc. has declared a quarterly cash dividend of 9-1/2 cents per share, payable July 1, 2005, to shareholders of record June 3, 2005. This will be the 200th consecutive quarterly cash dividend paid by the Company.
In other action, the Board elected James J. Kregel, to the position of Vice President, Worldwide Pumps and Compressors, reporting to Tim Brown, Chairman, President and Chief Executive Officer. Kregel, 54, has been with the Company for 16 years, and was most recently Vice President and General Manager of the North American Pump and Compressor Group.
Thomas Industries Inc., headquartered in Louisville, Kentucky, designs, manufactures and markets Rietschle Thomas brand pumps and compressors for use in global OEM applications, supported by worldwide sales and service for key customer applications and end-user markets. High quality automotive component castings are also a key offering. Other products include Welch laboratory equipment and Oberdorfer bronze and high alloy liquid pumps. Thomas has wholly-owned operations in 21 countries, spanning five continents.
Source: Thomas Industries, Inc.