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Home > Company Index > Chemicals > Plastics & Fibers > Hexcel Corporation

Hexcel Corporation
NYSE: HXL
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 NEWS FROM THE WIRES
Hexcel names new chairman and CEO
Jul 30 2001 11:05 AM PDT

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 PROFILE
The first footprints on the moon didn't come from Neil Armstrong, but from Hexcel, a maker of composite materials. Back then, Hexcel made the footpads on the Apollo 11 lunar module; today the company makes advanced structural materials used in everything from aircraft components to bullet-resistant vests. Its composite materials (54% of sales) include structural adhesives and honeycomb panels used in products like helicopter blades, auto parts, snowboards, and golf clubs. Other products include fibers and fabrics used in printed circuit boards and civil engineering applications. The commercial aerospace market accounts for 50% of Hexcel's sales. An investor group led by Goldman Sachs owns 39% of the company.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,055.70
1-Yr. Sales Growth: (8.3)%
Employees: 6,072
Revenue per employee: $173,863.64

 KEY PEOPLE
• David E. Berges
    CEO
• Stephen C. Forsyth
    CFO

 CONTACT INFO
281 Tresser Blvd.
Stamford, CT 06901
US
Phone: 203-969-0666
Fax: 203-358-3977
Online: Web Site

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