| Business Summary | | Hi-Rise
Recycling
Systems,
Inc.
is
primarily
engaged
in
manufacturing,
distributing,
marketing
and
selling
recycling
and
other
solid
waste
handling
equipment.
Hi-Rise
has
two
primary
divisions,
the
Solid
Waste
Equipment
Division
and
the
Architecturally
Specified
Division.
The
Solid
Waste
Division
designs,
manufactures
and
markets
a
wide
variety
of
waste
containers,
compactors,
balers,
container
hoists,
waste
container
tarps
and
other
related
products.
The
Architectural
Division
designs,
manufactures
and
sells
proprietary
recycling
systems
and
architecturally
specified
products,
such
as
trash
and
laundry
chutes,
as
well
as
products,
such
as
corner
guards,
kick
and
push
plates,
hold
rails
and
bumper
rail
systems,
which
are
commonly
used
in
waste
handling
environments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hi-Rise
Recycling
Systems
is
engaged
in
manufacturing,
distributing,
marketing
and
selling
recycling
and
other
solid
waste
handling
equipment.
For
the
three
months
ended
3/31/01,
revenues
decreased
27%
to
$11.6
million.
Net
loss
totaled
$5.4
million,
up
from
$612
thousand.
Revenues
reflect
a
decline
in
revenue
throughout
the
Solid
Waste
Division
due
to
competition
and
reduced
expenditures
by
customers.
Loss
also
reflects
negative
operating
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| James Ashton, Ph.D., 58 Interim
CEO | -- | Ronald Miller CFO | -- | Ronald McCracken, 50 Exec.
VP- Bus. Devel. and Sales and Pres of Bes-Pac, Inc. | $112K | Michael Bracken, 42 Exec.
VP - New Construction Sales and Acting COO - Architectural | 122K | Melvin Johnson, 54 Acting
COO - Solid Waste Division | -- | 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
|
|