| | Business Summary | | Quipp,
Inc.,
through
its
wholly
owned
subsidiary,
Quipp
Systems,
Inc.,
designs,
manufactures,
installs,
services
and
markets
post-press
material
handling
equipment
to
newspaper
publishers.
In
the
post-press
stage
of
newspaper
operations,
newspapers
move
from
the
pressroom
in
a
continuous
stream
and
are
stacked,
bundled,
transferred
to
the
shipping
docks
and
loaded
into
carts
or
stored
on
pallets
for
further
distribution.
Its
equipment
and
computerized
control
systems
facilitate
the
automated
movement
of
newspapers
from
the
printing
press
to
the
delivery
trucks. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Quipp,
Inc.
through
its
wholly
owned
subsidiary,
Quipp
Systems,
Inc.,
designs
and
manufactures
material
handling
equipment
for
the
newspaper
industry.
Products
include
flat
belt
conveyor
systems,
stackers
and
related
components.
For
the
six
months
ended
6/30/01,
net
sales
fell
24%
to
$12.6
million.
Net
income
decreased
63%
to
$843
thousand.
Results
reflect
deferred
revenues
not
recognized,
and
increased
product
development
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Campbell, 65
Chairman | -- | Ralph Branca, 65
Interim
Pres and CEO, Director | -- | Jeffrey Barocas, 53
CFO,
VP | $176K | Christer Sjogren, 58
Exec.
VP | 168K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/q/quip.gif)