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2Q profits rise 10% at Greatbatch 

 Thursday, July 28, 2011

 Net income and sales rose 10 percent and 4 percent, respectively, in the second quarter at Greatbatch Inc.

The Clarence-based medical manufacturer said net income in the period rose to 8.6 million, or 36 cents, from $7.8 million, or 33 cents, a year ago.

Sales, sparked by growth in the company’s orthopaedic product line, increased to $146.5 million from $140.8 million.

Officials also said the company (NYSE: GB) paid down an additional $20 million of long-term debt.