| Business Summary | | Waste
Technology
Corp.
is
a
holding
company
whose
subsidiaries
include
International
Baler
Corp.
(IBC),
Consolidated
Baling
Machine
Company,
Inc.
(Consolidated),
International
Press
and
Shear
Corp.
(IPS),
and
Solid
Waste
&
Recovery
Systems,
Inc.
(SWRS).
Since
1986,
the
Company's
principal
business
has
been
the
manufacture
and
sale
of
balers,
which
are
machines
used
to
compress
and
compact
various
waste
materials.
The
Company
manufactures
approximately
50
different
types
of
balers
for
use
with
municipal
waste,
cloth,
metal
drums,
glass
and
other
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Waste
Technology
Corp.
is
a
manufacturer
of
baling
machines
which
utilize
mechanical,
hydraulic
and
electrical
mechanisms
to
compress
a
variety
of
materials
into
bales.
For
the
six
months
ended
4/30/01,
net
sales
fell
31%
to
$3.3
million.
Net
loss
totaled
$12
thousand
vs.
an
income
of
$813
thousand.
Revenues
reflect
lower
sales
at
IBC
and
CBMC
due
to
weak
economic
conditions,
and
the
sale
of
IPS.
Loss
also
reflects
the
absence
of
$627
thousand
in
gains
on
asset
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ted Flood, 70 Pres,
CEO | $172K | William Nielsen, 53 CFO | -- | Morton Robson, 77 Exec.
VP, Sec. | -- | Dollar amounts are as of 31-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
|
|