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  September 5, 2001
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Home > Company Index > Manufacturing > Industrial Products Distribution > Maxco, Inc.

Maxco, Inc.
Nasdaq: MAXC
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 PROFILE
Maxco may be minimizing. The diversified company is considering the sale of its largest division, construction supply firm Ersco, which accounts for two-thirds of the company's sales. The company's other operations include Atmosphere Annealing, which heat treats steel and provides phosphate coating and bar shearing mainly for the auto industry; and Pak-Sak Industries, a maker of plastic bags and films for food packers and industrial companies. Maxco had agreed to sell Ersco to the Lofland Company, but the deal fell through. Maxco is again exploring the sale, however. Chairman Max Coon owns about 30% of Maxco.

 COMPETITION
Co-Steel Inc. (CEI)
Commercial Metals Company (CMC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 157.30
1-Yr. Sales Growth: 0.5%
Employees: 800
Revenue per employee: $196,625.00

 KEY PEOPLE
• Max A. Coon
    CEO
• Vincent Shunsky
    CFO

 CONTACT INFO
1118 Centennial Way
Lansing, MI 48917
US
Phone: 517-321-3130
Fax: 517-321-1022
Online: Web Site

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