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Home > Company Index > Electronics & Misc. Technology > Electronic Test & Measurement Instruments > Mechanical Technology Incorporated

Mechanical Technology Incorporated
Nasdaq: MKTY
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 NEWS FROM THE WIRES
Mechanical Tech, DuPont to partner on fuel cells
Aug 07 2001 06:29 AM PDT

CBOE stats - U.S. equity options daily data
Aug 07 2001 06:29 AM PDT

More WIRE STORIES about this company

 PROFILE
Mechanical Technology Incorporated (MTI) is warming up to the alternative energy market. The company makes computer-based aircraft engine balancing systems, semiconductor systems, and non-contact sensing instrumentation. MTI serves customers in the aerospace, aircraft, automotive, bioengineering, computer, and semiconductor industries, mainly in the US (80% of sales). The company is investing and partnering its way into the new energy market. It has a joint venture with 32%-owned Plug Power to develop fuel cells and, as part of an alliance with alternative energy leader SatCon Technology, sold its Ling Electronics subsidiary (power conversion products). First Albany Companies owns 34% of MTI.

 COMPETITION
IFR Systems, Inc. (IFRS)
MTS Systems Corporation (MTSC)
Schmitt Industries, Inc. (SMIT)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 5.50
1-Yr. Sales Growth: (57.4)%
Employees: 59
Revenue per employee: $93,220.34

 KEY PEOPLE
• George C. McNamee
    CEO
• Cynthia A. Scheuer
    CFO

 CONTACT INFO
30 S. Pearl St.
Albany, NY 12207
US
Phone: 518-433-2170
Fax: 518-433-2171
Online: Web Site

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