| Business Summary | | Flanders
Corporation
designs,
manufactures
and
sells
air
filters
and
related
products,
and
is
focused
on
providing
complete
environmental
control
systems
for
end
uses
ranging
from
controlling
contaminants
in
residences
and
commercial
office
buildings
through
specialized
manufacturing
environments
for
semiconductors
and
viruses.
The
Company's
air
filters
are
utilized
by
many
industries,
including
those
associated
with
commercial
and
residential
heating,
ventilation
and
air
conditioning
systems,
semiconductor
manufacturing,
ultra-pure
materials,
biotechnology,
pharmaceuticals,
synthetics,
nuclear
power
and
nuclear
materials
processing.
The
Company
also
designs
and
manufactures
much
of
its
own
production
equipment
to
automate
its
processes
in
order
to
decrease
labor
costs
associated
with
its
standard
products.
Flanders
produces
glass-based
air
filter
media
for
many
of
its
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Flanders
Corp.
designs,
manufactures
and
markets
a
range
of
air
filtration
products,
including
high
efficiency
particulate
air
filters,
mid-range
filters
for
personal
and
commercial
use,
and
standard-grade
filters
for
furnaces
and
air-conditioners.
For
the
six
months
ended
6/30/01,
net
sales
rose
3%
to
$97
million.
Net
income
from
continuing
operations
fell
50%
to
$1.4
million.
Results
reflect
the
capture
of
additional
market
share,
offset
by
lower
gross
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Robert Amerson, 49 Pres,
CEO, | $255K | Steven Clark, 47 COO,
VP of Fin., Chief Financial Officer, | 250K | Leonard Fetcho, 59 VP
of Operations and Pres of Eco-Air Products, Inc. | 177K | C. Wood, 60 VP
of Sales for the Company and Precisionaire | 305K | John Cherry, 56 VP-
Engineered Products and Gen. Mang. Flanders Filters, Inc. and Flanders/CSC | 163K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|