PROFILE |
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AM General makes G.I. Joe's and Arnold Schwarzenegger's favorite rides -- the HUMVEE and the HUMMER. Foreign and US militaries use the High Mobility Multipurpose Wheeled Vehicle (HUMVEE) for battlefield transport of personnel, supplies, and equipment. After it gained attention in the Persian Gulf War, AM General introduced the HUMMER, a more comfortable civilian version. The company's General Engine Products subsidiary makes 6.5-liter diesel engines for automotive, military, and marine OEM markets. General Motors' purchase of the marketing and distribution rights for the HUMMER could help waning military demand for AM General's vehicles. The company is a subsidiary of billionaire Ira Rennert's Renco Group.
COMPETITION |
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General Dynamics Corporation (GD)
United Defense Industries, Inc. (dossier)
Venturian Corp. (VENT)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: October
2000 Sales (mil.): 448.20
1-Yr. Sales Growth: 28.7%
Employees: 1,360
Revenue per employee: $329,558.82
KEY PEOPLE |
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James A. Armour
CEO
Paul J. Cafiero
CFO
CONTACT INFO |
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105 N. Niles Ave.
South Bend, IN 46617
US
Phone: 219-237-6222
Fax: 219-284-2910
Online: Web Site
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