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  September 5, 2001
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Home > Company Index > Manufacturing > Industrial Products Distribution > Allied Products Corporation

Allied Products Corporation
OTC: ADPC
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 PROFILE
Allied Products has left the fields behind to concentrate on industry. The company sold its agricultural products operations (Bush Hog commercial rotary cutters, mowers, tillers, and backhoes; Great Bend front-end loaders) to Bush Hog LLC. Allied Products is focused entirely on its industrial products group, which includes Verson (automated metal-forming stamps), Precision Press Industries (large welded components), and Germany-based joint venture Verson Presstechnik (marketing of stamping presses and related systems). DaimlerChrysler, GM, and the Magna Corporation account for 44%, 18%, and 13% of sales, respectively. Allied has filed for Chapter 11 bankruptcy protection.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 143.80
1-Yr. Sales Growth: (47.5)%
Employees: 800
Revenue per employee: $179,750.00

 KEY PEOPLE
• Richard A. Drexler
    CEO
• Richard A. Drexler
    CFO

 CONTACT INFO
10 S. Riverside Plaza
Chicago, IL 60606
US
Phone: 312-454-1020
Fax: 312-454-1511

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