Dallas, Texas-based wire producer Keystone Consolidated Industries, Inc. reported Thursday net income of $5.6 million for Q4 2011, compared to a Q4 2010 net loss of $2.9 million. Increased shipment volumes and higher margins between selling prices and raw material costs contributed to the substantially improved financial results.
For the full 2011 year, Keystone reported a net income of $30.2 million, more than double the $12.01 million during the full 2010 year.