| Business Summary | | Process
Equipment,
Inc.
designs
and
manufactures
sanitary
stainless
steel
systems
used
for
manufacturing
processes
in
the
wine,
food
and
biotechnology
industries.
The
Company
also
serves
as
a
distributor
for
pumps,
valves
and
other
components
used
in
such
systems
and
for
winery
equipment
imported
from
Europe.
In
addition,
it
provides
repair
and
other
services
related
to
such
equipment
and
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Process
Equipment
designs
and
manufactures
sanitary
steel
systems
used
for
manufacturing
processes
in
the
wine,
food
and
biotechnology
industries.
The
Company
also
distributes
pumps,
related
components
and
winery
equipment
imported
from
Europe.
For
the
nine
months
ended
1/31/01,
revenues
decreased
18%
to
$1.6
million.
Net
income
decreased
79%
to
$26
thousand.
Results
reflect
lower
sales
of
wine
and
food
products.
Earnings
reflect
lower
gross
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2001 Pay | |
| George Cortessis, 42 Sec.,
Treasurer | $65K | Dollar amounts are as of 30-Apr-2001 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
|
|