| Business Summary | | American
Stone
Industries,
Inc.
quarries,
purchases
and
sells
stone
for
use
in
the
building
construction
industry.
The
Company
produces
two
types
of
natural
stone,
dimensional
stone,
which
is
natural
stone
that
is
cut
to
size
as
specified
in
architectural
designs
and
is
primarily
used
as
architectural
accents
to
buildings,
although
dimensional
stone
is
also
used
for
funeral
monuments,
landscape
and
ornamental
objects,
and
construction
stone,
which
is
natural
stone
primarily
used
for
road
base,
back
fill
and
erosion
control.
The
Company
is
a
holding
company
that
conducts
its
business
through
its
wholly
owned
subsidiary,
American
Stone
Corporation.
The
Company
quarries,
purchases
and
markets
sandstone
and
manages
the
operation
of
the
Cleveland
Quarries.
The
Cleveland
Quarries
produce
sandstone,
which
is
known
as
"Berea
Sandstone." | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | American
Stone
Industries,
Inc.
is
the
holding
for
American
Stone
Corporation,
which
quarries,
purchases
and
sells
stone
for
use
in
the
building
contruction
industry.
For
the
six
months
ended
6/30/01,
revenues
fell
16%
to
$1.4
million.
Net
loss
totaled
$419
thousand,
vs.
an
income
of
$153
thousand.
Revenues
reflect
backlogs
in
three
key
architectural
project
areas
and
weak
economic
conditions.
Net
loss
also
reflects
increased
marketing
expenses
and
lower
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Roulston II, 67 Chairman | -- | James Rallo, 52 Interim
Pres, CEO | $108K | Enzo Costantino, 39 Treasurer,
Director | -- | Michael Meier, 46 Sec.,
Director | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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