INCON reports lower sales and profits for the quarter

Roger E. Brooks, President & CEO, said; “We continue to work hard to further qualify INCON as an approved provider of fuel management systems for large convenience store chains and supermarkets that sell gasoline. Sales to this category of customer improved during the first quarter and now make up a larger percentage of our overall fuel management systems sales. Unfortunately, the general economic slowdown has affected our day to day business from petroleum equipment distributors, leading to a slight overall sales decline in the FMS area.”

DETROIT, May 1 /PRNewswire/ — The DTE Energy Co. Board of Directors elected David E. Meador to senior vice president and chief financial officer, effective with the close of the merger with the MCN Energy Group.

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