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Home > Company Index > Manufacturing > Miscellaneous Electrical Products > MagneTek, Inc.

MagneTek, Inc.
NYSE: MAG
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 NEWS FROM THE WIRES
MagneTek Q4 net loss flat with year-ago quarter
Aug 15 2001 06:27 AM PDT

More WIRE STORIES about this company

 PROFILE
MagneTek hopes to have a magnetic personality. The company makes power control products such as AC/DC switching power supplies and voltage regulator modules that are used in computers, telecom equipment, and office machines. Customers include IBM (16% of sales) and Siemens. MagneTek's motion controls unit makes programmable power supplies that regulate motor speed. Motion control products include variable-frequency motor drives that are used in materials handling and industrial automation equipment, air conditioning and heating equipment, and overhead cranes. The company is selling the remainder of its electrical component operations (including its lighting ballast operations) to focus on power electronics.

 COMPETITION
Aerovox Incorporated (ARVXQ)
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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 293.60
1-Yr. Sales Growth: (55.7)%
Employees: 1,700
Revenue per employee: $172,705.88

 KEY PEOPLE
• Andrew G. Galef
    CEO
• David P. Reiland
    CFO

 CONTACT INFO
26 Century Blvd., Ste. 600
Nashville, TN 37214
US
Phone: 615-316-5100
Fax: 615-316-5158
Online: Web Site

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