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Home > Company Index > Manufacturing > Miscellaneous Electrical Products > Baldor Electric Company

Baldor Electric Company
NYSE: BEZ
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 NEWS FROM THE WIRES
Baldor earnings down 50 percent on falling sales
Jul 16 2001 10:35 AM PDT

Baldor earnings down 50 percent on falling sales
Jul 16 2001 10:35 AM PDT

More WIRE STORIES about this company

 PROFILE
Electricity drives Baldor Electric's sales -- and products. The company makes industrial electric motors (almost 80% of sales), controls, and drives that power products ranging from giant rock tumblers to industrial pumps. Baldor manufactures AC and DC motors that supply from 1/50 horsepower up to 1,500 horsepower, as well as speed reducers, industrial grinders, and polishing lathes. It sells primarily to OEMs in the agricultural and semiconductor equipment industries and to independent distributors for resale as replacement parts. Employees own nearly 12% of Baldor through a profit sharing and savings plan; Fred Ballman (son of the founder and chairman emeritus), owns about 9%; and chairman Roland Boreham owns about 5%.

 COMPETITION
A. O. Smith Corporation (AOS)
Emerson (EMR)
Invensys plc (IVNSY)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 621.20
1-Yr. Sales Growth: 7.6%
Employees: 4,066
Revenue per employee: $152,779.14

 KEY PEOPLE
• John A. McFarland
    CEO
• Ronald E. Tucker
    CFO

 CONTACT INFO
5711 R. S. Boreham Jr. St.
Fort Smith, AR 72908
US
Phone: 501-646-4711
Fax: 501-648-5792
Online: Web Site

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