| | Business Summary | | Westerbeke
Corporation
is
primarily
engaged
in
the
business
of
designing,
manufacturing
and
marketing
marine
engine
and
air
conditioning
products.
The
Company's
marine
products
consist
of
diesel
and
gasoline
engine-driven
electrical
generator
sets,
inboard
propulsion
engines,
self-contained,
reverse-cycle
air-conditioners,
and
associated
spare
parts
and
accessories.
In
addition,
Westerbeke
manufactures
and
markets
electrical
generator
sets
for
use
in
non-marine
applications.
The
Company
markets
its
products
throughout
the
United
States
and
internationally,
principally
for
recreational
marine
applications. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Westerbeke
Corporation
designs,
manufactures
and
markets
marine
engine
and
air
conditioning
products
and
electrical
generator
sets
for
non-marine
use.
For
the
six
months
ended
4/28/01,
net
sales
fell
13%
to
$15.6
million.
Net
income
fell
94%
to
$31
thousand.
Revenues
reflect
decreased
demand
for
new
boats.
Net
income
reflects
decreased
gross
margins
due
to
higher
costs
per
unit
and
an
increase
in
interest
expense
due
to
the
mortgage
on
Taunton
facility. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| John Westerbeke, Jr., 60
Chairman
and Pres | $401K | Carleton Bryant III, 55
COO,
Exec. VP, Sec., Treasurer | 155K | | Dollar amounts are as of 21-Oct-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/w/wtbk.gif)