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Home > Company Index > Manufacturing > Machine Tools, Components & Accessories > Productivity Technologies Corp.

Productivity Technologies Corp.
Nasdaq (SC): PRAC
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 PROFILE
You wouldn't want to lick Productivity Technologies' stamps. Through subsidiary Atlas Technologies, the company makes metal-forming and metal-handling automation equipment for metal-stamping presses used mainly by the automotive (90% of sales) and appliance industries. Atlas' other products include quick die-changing and press automation equipment. Productivity Technologies' top customers are General Motors (18% of sales), Ford (16%), and DaimlerChrysler (10%). Its Westland subsidiary makes custom electrical control panels for production machinery and tools. With its auto industry sales sluggish, Productivity Technologies has reorganized Atlas' management and taken other cost-cutting steps.

 COMPETITION
ABB Ltd. (ABB)
Connell Limited Partnership (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 33.20
1-Yr. Sales Growth: (2.4)%
Employees: 220
Revenue per employee: $150,909.09

 KEY PEOPLE
• Samuel N. Seidman
    CEO
• Jesse A. Levine
    CFO

 CONTACT INFO
509 Madison Ave.
New York, NY 10022
US
Phone: 212-843-1480
Fax: 212-843-1484
Online: Web Site

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