Contractors become partners
J. F. Fischer Inc. and Power and Combustion Inc., two local mechanical contracting companies, yesterday announced they have agreed to establishing a partner relationship.
The two companies, which will remain separate legal entities, this fall will move into the same location at 7909 Philadelphia Road in Baltimore. Fischer specializes in commercial heating, air conditioning and plumbing while Power and Combustion concentrates on boiler plants, industrial piping and emergency mechanical service.
CSX boosts profits 5%
CSX Corp. yesterday reported second-quarter profits rose 5 percent due to increased revenue from railroad and intermodal traffic.
The company earned $162 million, or $1.55 per share, in the three months ended July 1, compared with $154 million, or $1.48 per share, in the same period last year. CSX is the main railroad serving the port of Baltimore.