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Chicago Rivet & Machine Co. Announces Year-End Earnings

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NAPERVILLE, Ill., March 21, 2022 /PRNewswire/ -- Chicago Rivet & Machine Co. (NYSE American: CVR) today announced audited results for the year 2021 as summarized below:

CHICAGO RIVET & MACHINE CO.

Summary of Consolidated Results of Operations

For the Years Ended December 31


2021

2020

Net sales

$33,974,558

$27,590,653

Income before income taxes

1,414,472

65,450

Net income

1,113,472

50,450

Net income per common share

1.15

.05

Average common shares outstanding

966,132

966,132

 

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SOURCE Chicago Rivet & Machine Co.

Chicago Rivet & Machine Co.

NYSE:CVR

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Iron and Steel Forging
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Producer Manufacturing, Metal Fabrication, Manufacturing, Iron and Steel Forging

About CVR

chicago rivet & machine co. operates in the fastener industry in north america. it operates in two segments, fasteners and assembly equipment. the fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products. the assembly equipment segment primarily manufactures and sells automatic rivet setting machines and assembly equipment, as well as parts and tools for related machines. the company sells its products to automobile and automotive component manufacturers through independent sales representatives. chicago rivet & machine co. was founded in 1920 and is headquartered in naperville, illinois.