| Business Summary | | Noland
Company
is
a
distributor
of
plumbing,
air
conditioning
and
electrical/industrial
supplies,
with
branch
facilities
in
13
states.
The
Company
operates
in
only
one
industry
segment,
the
distribution
of
mechanical
equipment
and
supplies.
Markets
for
these
products
include
contractors,
industrial
plants,
utilities
and
others.
The
Company
continues
to
market
new
products
introduced
by
its
suppliers/manufacturers.
Noland
also
holds
several
sales
franchises,
and
has
produces
a
variety
of
copyrighted
materials
and
systems
used
in
the
normal
conduct
of
its
business.
The
main
properties
of
the
Company
consist
of
102
facilities,
including
warehouses,
offices,
showrooms,
paved
outside
storage
areas
and
covered
pipe
storage
sheds.
Noland
operates
principally
in
the
Southern
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Noland
Company
is
a
wholesale
distributor
of
mechanical
equipment
and
supplies,
including
plumbing/heating,
air
conditioning,
industrial
and
electrical
equipment,
to
contractors,
industrial
plants,
utilities
and
others.
For
the
six
months
ended
6/30/01,
sales
fell
3%
to
$242.4
million.
Net
income
fell
37%
to
$3.1
million.
Results
reflect
lower
plumbing
and
electrical/industrial
sales
due
to
weaker
construction
and
manufacturing
conditions,
and
higher
branch
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lloyd Noland, III, 57 Chairman,
Pres and CEO | $229K | Arthur Henderson, Jr., 57 CFO,
VP-Fin., Director | 149K | Kenneth King, 58 VP
of Marketing and Branch Operations | 220K | John Gullett, 59 VP
of Corp. Communications | -- | Jean Preston, 40 VP
of Corp. Data | 148K | 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
|
|