Uniroyal Global Engineered Products, Inc. reported consolidated earnings results for the full year ended December 31, 2017. For the period, the company’s net Sales of $98,138,060 decline 2.2% against the $100,377,278 of prior year on tepid U.S automotive sales. Diluted Earnings per common share were a loss of $0.17 against the income of $0.24 in the prior year, or a loss of $0.01 and income of $0.14 per share excluding the adjustments in both years. Operating Income for the year was $4,544,835 (4.6% of Net Sales) compared to $8,046,665 (8.0% of Net Sales) in the prior year. Operating Income was down significantly as operating margins continued to be negatively impacted by the rising raw material costs at the US and European operations and by the production inefficiencies due to platform changes, particularly in Europe. This loss was partially offset by the results of the positive steps taken which sharply reduced Operating Expenses. Income before tax provision was $2,808,905 compared to $6,180,905 a year ago. Net loss available to common shareholders was $3,102,130 compared to net income available to common shareholders of $4,499,664 a year ago.