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  September 5, 2001
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Home > Company Index > Manufacturing > Miscellaneous General & Special Machinery > Quipp, Inc.

Quipp, Inc.
Nasdaq: QUIP
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 NEWS FROM THE WIRES
Newspaper industry's Quipp says CEO resigning
Jul 26 2001 12:11 PM PDT

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 PROFILE
Quipp is often the first to get a hold of the latest news. The company, through its Quipp Systems subsidiary, is a leading maker of post-press newspaper-handling equipment that stacks, wraps, bundles, and loads newspapers. The company's Twin-Trak and Quipp-Gripp conveyors move newspapers from the press to the mailroom, where the Viper wraps them in paper and adds identification labels. Stackers mechanically stack newspapers, and cart-loading systems automatically load the papers onto trucks. Computerized monitoring systems control the handling process. The company also offers installation and repair services. Quipp markets its wares in the US (94% of the company's total sales) and internationally.

 COMPETITION
Heidelberger Druckmaschinen AG (HDD)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 35.40
1-Yr. Sales Growth: 12.0%
Employees: 146
Revenue per employee: $242,465.75

 KEY PEOPLE
• Ralph M. Branca
    CEO
• Jeff Barocas
    CFO

 CONTACT INFO
4800 NW 157th St.
Miami, FL 33014
US
Phone: 305-623-8700
Fax: 305-623-0980
Online: Web Site

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