Darling International posts record results
Darling International, which recycles used by-products from the beef, pork and poultry processing industries into products such as tallow and hides, has posted record results for the fourth quarter and fiscal year 2007.
For the fourth quarter, net sales reached $175.4 million, up from $128.1 million in the fourth quarter of 2006, driven by higher finished product prices and the purchase of finished product for resale. Net income increased to $14.4 million from $6.1 million in the comparable prior-year period.