| Business Summary | | Mestek,
Inc.
operates
in
three
continuing
business
segments:
Heating,
Ventilating,
and
Air
Conditioning
Equipment
(HVAC)
Manufacturing;
Metal
Products;
and
Metal
Forming.
The
Company
manufactures
and
distributes
products
in
the
HVAC
industry.
These
products
include
residential,
commercial
and
industrial
hydronic
heat
distribution
products;
gas-fired
heating
and
ventilating
equipment,
louver
and
damper
equipment,
commercial
and
residential
gas
and
oil-fired
boilers,
air
conditioning
units,
and
related
products
used
in
heating,
ventilating
and
air
conditioning
systems.
The
Company's
Metal
Forming
Segment
designs,
manufactures,
and
sells
a
variety
of
metal
handling
and
metal
forming
products.
The
Company's
Metal
Products
Segment
manufactures
a
variety
of
metal
products
including
flexible
metal
hose
and
grey
iron
castings. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mestek,
Inc.
operates
in
three
business
segments:
Heating,
Ventilating,
and
Air
Conditioning
Equipment
Manufacturing;
Metal
Products;
and
Metal
Forming.
For
the
six
months
ended
6/30/01,
revenues
increased
17%
to
$190.9
million.
Net
income
from
continuing
operations
decreased
22%
to
$4.7
million.
Revenues
reflect
higher
sales
from
acquisitions.
Earnings
were
offset
by
costs
associated
with
acquisitions
and
$774
thousand
in
restructuring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Reed, 85 Chairman,
Pres, CEO | $720K | Stephen Shea, 44 CFO,
Sr. VP-Fin. | 249K | R. Bruce Dewey, 49 Sr.
VP, Sec. | 316K | William Rafferty, 49 Sr.
VP, HVAC Products | 296K | James Burk, 55 VP | 273K | Dollar
amounts are as of 31-Dec-2000 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
|
|