ST Engineering 3Q report

Singapore Technologies Engineering said Tuesday that third quarter profit rose 3 percent, though earnings in the aerospace division fell. The company owns Mississippi's VT Halter Marine, whose 1,700 workers in Pascagoula, Moss Point and Escatawpa build and repair ships. It also owns ST Mobile Aerospace Engineering, whose 1,600 employees at Mobile's Brookley Field Industrial Complex repair and modify jetliners. (Source: Mobile Press-Register, 11/05/08)