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Home > Company Index > Materials & Construction > Plumbing & HVAC Equipment > Mestek, Inc.

Mestek, Inc.
NYSE: MCC
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 PROFILE
When the weather turns cold, Mestek gets hot! Through its Reed Division subsidiaries, Mestek makes heating, ventilating, and air-conditioning products (72% of sales), such as hydronic heat-distribution products, gas-fired heating and ventilating equipment, and louver and damper equipment. The Reed Division sells directly and through independent reps to contractors, installers, and OEMs. Mestek also makes metal products (flexible metal hose and grey iron castings) and metal-forming equipment. The company spun off its business and accounting software division. Chairman and CEO John Reed and his son, Stewart (also a company director), own 38% and 25% of Mestek, respectively.

 COMPETITION
American Standard Companies Inc. (ASD)
United Technologies Corporation (UTX)
York International Corporation (YRK)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 376.00
1-Yr. Sales Growth: 0.2%
Employees: 3,221
Revenue per employee: $116,733.93

 KEY PEOPLE
• John E. Reed
    CEO
• Stephen M. Shea
    CFO

 CONTACT INFO
260 N. Elm St.
Westfield, MA 01085
US
Phone: 413-568-9571
Fax: 413-568-2969
Online: Web Site

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