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WELLESLEY, MA — The global market for home theater technologies and services will grow at a compound annual growth rate of 6.9% through 2013, a new report says.

The market, worth $1.9 billion in 2006, is expected to reach $2.1 billion this year and $2.9 billion by 2013, BCC Research said.

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JACKSON, MI – Sparton Corp. reported a net loss of $13 million on sales of $229.8 million for the fiscal year ended June 30. Sales were up 15%, but the net loss widened 68%. Operating losses declined from a $12.2 million loss in fiscal 2007 to a $6.9 million loss in 2008.

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GLENVIEW, IL – Illinois Tool Works today reported operating revenues rose 10.1% for the three months ended Aug. 31, on the back of translation and acquisitions.
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