PROFILE |
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Argo-Tech Corporation helps keep aircraft aloft with its fuel-flow devices. The company and its J.C. Carter subsidiary make engine fuel pumps for aircraft. Argo-Tech also makes airframe products, aerial refueling systems, and components for ground fueling at airports. Its Durodyne subsidiary makes specialty industrial hoses. Argo-Tech's services include maintenance, overhauling, and technical support. It sells to military and commercial engine and airframe makers such as Airbus, Boeing, and Cessna; US and foreign militaries; and airlines. Upsilon International, a distributor, accounts for 14% of sales. An employee stock ownership plan owns about 58% of Argo-Tech; entrepreneur Masashi Yamada owns about 25%.
COMPETITION |
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Goodrich Corporation (GR)
ITT Industries, Inc. (ITT)
Parker Hannifin Corporation (PH)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: October
2000 Sales (mil.): 159.40
1-Yr. Sales Growth: (9.7)%
Employees: 707
Revenue per employee: $225,459.69
KEY PEOPLE |
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Michael S. Lipscomb
CEO
Frances S. St. Clair
CFO
CONTACT INFO |
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23555 Euclid Ave.
Cleveland, OH 44117
US
Phone: 216-692-6000
Fax: 216-692-6331
Online: Web Site
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