| Business Summary | | Modine
Manufacturing
Co.
is
an
independent,
worldwide
thermal
management
technology
serving
vehicular,
industrial,
commercial
and
building
HVAC
(heating,
ventilating,
air
conditioning)
markets.
Modine
develops,
manufactures
and
markets
heat
exchangers
and
systems
for
use
in
various
OEM
(original
equipment
manufacturer)
applications
and
for
sale
to
the
automotive
aftermarket
(as
replacement
parts)
and
to
a
wide
array
of
building
markets.
The
primary
markets
consist
of
automobile,
truck
and
bus
manufacturers,
farm
implement
manufacturers,
heating
and
cooling
equipment
manufacturers,
construction
contractors,
wholesalers
of
plumbing
and
heating
equipment,
radiator
repair
shops
and
wholesalers
of
auto
repair
parts.
Focused
on
new
products
and
new
markets,
Modine
completed
the
acquisition
of
Thermacore
International,
Inc.
on
April
27,
2001,
gaining
entry
into
the
electronics-cooling
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Modine
Manufacturing
develops,
manufactures,
and
markets
heat
exchangers
and
systems
for
use
in
various
original
equipment
manufacturer
applications
and
for
sale
to
the
automotive
aftermarket
and
to
a
wide
array
of
building
markets.
For
the
three
months
ended
6/26/01,
revenues
fell
7%
to
$280.6
million.
Net
income
decreased
47%
to
$10.2
million.
Revenues
reflect
unfavorable
currency
translation
effects.
Earnings
also
reflect
the
absence
of
$1.9
million
in
settlement
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Donald Johnson, 58 Pres,
CEO | $941K | Ernest Thomas CFO,
Sr. VP | -- | D. Rayburn, 52 Exec.
VP - Operations | 562K | W. Pavlick, 66 Sr.
VP, Gen. Counsel and Sec. | 285K | R. Hetrick, 58 VP
of HR | -- | Dollar amounts are as of 31-Mar-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
|
|