Water technology company A. O. Smith announced record sales and earnings from continuing operations for 2012.
Sales from continuing operations for 2012 totaled $1.94 billion, up 13% from $1.71 billion recorded in 2011. The Lochinvar business, acquired in August 2011, added $225.7 million to sales compared with $75.9 million in 2011, and sales of A. O. Smith branded products in China grew 20% to about $448 million for the year.