Document OzvGmVGk4kBdJoJoLwXbOVoRM

Friction Products SALES IN INDEX FIGURES ZOO 1962 '63 '6* Sales of friction products in 1966 amounted to $44,300,000, an 11% gain over 1965. Sales increases were achieved by all divisions in the group. Friction products of the type manu factured by the company are sold for three major applications--automotive, aircraft and industrial. The automotive industry experi enced another year of high production in the United States, Canada and in Europe with the exception of the United Kingdom. Consequently, our sales to vehicle manufacturers in creased, particularly the sales of disc brake lining in Europe and strips and blocks for trucks and buses in the United States. Disc brakes for the front wheels of passenger cars have become very popular on European cars, creat ing a strong demand for disc lining, and our French company has enjoyed a large share of this market. There is a significant trend toward disc brakes in '**< SCI 01682