Mobile Industries' 2011 sales were USD 1.8 billion, up by 13% YoY from USD 1.6 billion a year ago. Higher demand in the off highway, rail and heavy truck sectors drove most of the increase, along with favorable pricing and currency.

Mobile Industries achieved EBIT of USD 243.2 million or 13.7% of sales, for the year, up by 17% from USD 207.6 million or 13.3% of sales, earned in 2010. Higher volume and pricing drove the increase, partially offset by higher raw material costs and administrative expense.

In the fourth quarter, Mobile Industries' sales were USD 419.6 million, up 8% from the prior year's fourth quarter sales of USD 388.6 million. Higher demand in the off highway and rail sectors drove most of the increase, along with acquisitions, favorable pricing and surcharges. Excluding acquisitions, fourth quarter sales were up 5% in the segment.

The Mobile segment recorded fourth quarter EBIT of USD 43.2 million or 10.3% of sales as compared with USD 42.3 million or 10.9% of sales in 2010, as strong demand was offset by higher raw material and administrative costs. In addition, fourth quarter results in both years included approximately USD 6 million in costs associated with the closure of the company's plant in Sao Paulo in Brazil.