| Business Summary | | SPS
Technologies,
Inc.
is
engaged
in
the
design,
manufacture
and
marketing
of
fasteners,
specialty
metals,
magnetic
products,
aerospace
structures
and
precision
tools.
In
addition
to
24
manufacturing
plants
in
the
United
States,
SPS
operates
18
manufacturing
facilities
in
seven
different
countries:
England,
Ireland,
Canada,
Brazil,
Australia,
Italy
and
France.
The
Company
also
has
a
55%
interest
in
a
manufacturing
operation
in
China
and
a
minority
interest
in
a
manufacturing
operation
in
India.
Marketing
operations
are
carried
on
by
subsidiaries
in
four
other
countries.
The
Company
is
organized
into
three
business
segments,
Precision
Fasteners
and
Components,
Specialty
Materials
and
Alloys
and
Magnetic
Products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SPS
Technologies,
Inc.,
is
engaged
in
the
design,
manufacture
andmarketing
of
fasteners,
specialty
materials,
magnetic
materials,
aerospace
structures
and
precision
tools.
For
the
six
months
ended
6/30/01,
revenues
rose
8%
to
$478.5
million.
Net
income
fell
14%
to
$17.4
million.
Revenues
reflect
a
strong
level
of
incoming
orders,
the
success
in
obtaining
new
customers
and
M.
Argueso
and
Co.
acquisition.
Net
income
was
offset
by
a
$9.1
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Charles Grigg, 60 Chairman,
CEO | $2.6M | $1.5M | John Thompson, 52 Pres,
COO, Director | -- | -- | William Shockley, 38 VP
and CFO | 446K | 99K | James Dee, 42 VP,
Gen. Counsel and Sec. | 258K | 18K | Thomas Cross, 48 VP-
HR | 161K | -- | Dollar amounts are as of 31-Dec-1999 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
|
|