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Home > Company Index > Automotive & Transport Equipment > Auto Parts > Phoenix AG

Phoenix AG
 NEWS FROM THE STANDARD
Gridlock: California Could Be Just the Beginning
Jun 18 2001 12:00 AM PDT

 PROFILE
Shhh ... Phoenix AG doesn't want you to hear a sound. The company produces acoustic systems and rubber products for the automotive and industrial markets. Phoenix operates through three main business segments. Its Comfort Systems division (about half of sales) makes sound and vibration systems for autos and parts for railcars. Fluid Handling systems (about one-fourth of sales) makes hoses for cars, hydraulic equipment, oil lines, and dredging equipment. The Conveyor Belt Systems unit makes conveyor belts for mining and other industrial uses. A smaller business unit makes rubber-coated fabrics for automotive and technical applications. WestLB Gruppe owns almost 12% of Phoenix; Deutsche Bank Gruppe owns 10%.

 COMPETITION
Minnesota Mining and Manufacturing Company (MMM)
Bridgestone Corporation (BRDCY)
Dana Corporation (DCN)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 914.00
1-Yr. Sales Growth: 5.6%
Employees: 9,880
Revenue per employee: $92,510.12

 KEY PEOPLE
• Konrad Ellegast
    CEO

 CONTACT INFO
Hannoversche Straße 88
D-21079 Hamburg, Germany
Phone: 49-40-7667-01
Fax: 49-40-7667-2211
Online: Web Site

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