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  September 5, 2001
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Home > Company Index > Electronics & Misc. Technology > Miscellaneous Electronics > Hutchinson Technology Incorporated

Hutchinson Technology Incorporated
Nasdaq: HTCH
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 NEWS FROM THE WIRES
Hutchinson third-quarter net loss narrows
Jul 17 2001 01:33 PM PDT

More WIRE STORIES about this company

 PROFILE
It's an esoteric job, but somebody has to do it. Hutchinson Technology makes disk drive suspension assemblies, the components that support the read-write head above the spinning magnetic disk in hard drives. The company supplies many of the major disk drive makers, including IBM, TDK, and Seagate (the three combined account for 60% of sales). Hutchinson's products include conventional assemblies and trace suspenstion assemblies (about 75% of sales), which have the added feature of pre-installed copper leads. Hutchinson is using its technical expertise to expand into other areas such as the medical device market. Hong Kong and Thailand account for nearly 60% of sales.

 COMPETITION
Fujitsu Limited (FJTSY)
Innovex, Inc. (INVX)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 459.60
1-Yr. Sales Growth: (20.8)%
Employees: 4,729
Revenue per employee: $97,187.57

 KEY PEOPLE
• Wayne M. Fortun
    CEO
• John A. Ingleman
    CFO

 CONTACT INFO
40 W. Highland Park
Hutchinson, MN 55350
US
Phone: 763-587-3797
Fax: 763-587-1810
Online: Web Site

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