ST. CLAIR SHORES, Mich., Oct. 23 /PRNewswire-FirstCall/ -- Federal Screw Works (Pink Sheets: FSCR) reports net sales of $9,277,000 for the first quarter ended September 30, 2008, compared to net sales of $16,832,000 for the quarter ended September 30 of the prior year. The Company incurred a net loss of $(1,929,000) for the quarter ended September 30, 2008, or $(1.40) per share, compared to a net loss of $(298,000), or $(.22) per share, in the prior year. DATASOURCE: Federal Screw Works CONTACT: W. T. ZurSchmiede, Jr., Chairman and CFO of Federal Screw Works, +1-586-443-4152 Web site: http://www.federalscrew.com/

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