| Business Summary | | Encore
Wire
Corporation
is
a
low-cost
manufacturer
of
copper
electrical
building
wire
and
cable.
The
Company
is
a
supplier
of
both
residential
wire
for
interior
electrical
wiring
in
homes,
apartments
and
manufactured
housing,
as
well
as
building
wire
for
electrical
distribution
in
commercial
and
industrial
buildings.
Encore
sells
its
wire
principally
to
wholesale
electrical
distributors
throughout
the
United
States
and,
to
a
lesser
extent,
to
retail
home
improvement
centers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Encore
Wire
is
a
manufacturer
of
copper
electrical
wire,
principally
NM
cable,
used
as
interior
wiring
in
homes,
apartments
and
manufactured
housing,
and
THHN
cable,
used
in
commercial
and
industrial
housing.
For
the
six
months
ended
6/30/01,
net
sales
rose
3%
to
$144.8
million.
Net
income
rose
32%
to
$4.3
million.
Results
reflect
increased
volume
of
products
shipped
and
market
share
gains.
Earnings
also
reflect
higher
operating
margins
and
lower
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Vincent Rego, 77 Chairman
and CEO | $508K | $122K | Daniel Jones, 37 Pres,
COO, Director | 347K | 168K | Frank Bilban, 44 VP-Fin.,
Treasurer, Sec. | 111K | -- | David Smith, 41 VP
of Operations | 175K | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|