| Business Summary | | Edac
Technologies
Corporation
(Edac)
offers
design
and
manufacturing
services
for
a
wide
range
of
industries
in
areas
such
as
special
tooling,
equipment
and
gauges,
and
components
used
in
the
manufacture,
assembly
and
inspection
of
jet
engines.
Edac
also
specializes
in
the
design
and
repair
of
precision
spindles.
Spindles
are
an
integral
part
of
numerous
machine
tools,
which
are
found
in
virtually
any
type
of
manufacturing
environment.
Items
manufactured
by
Edac
include
precision
rings,
and
other
components
for
jet
engines,
industrial
spindles
and
specialized
machinery
designed
by
the
Company
or
others
and
other
assemblies
requiring
close
tolerances.
Edac
provides
complete
design,
manufacture
and
service
meeting
the
precision
requirements
of
some
of
the
most
exacting
customers
in
the
world
for
tooling,
fixtures,
molds,
jet
engine
components
and
machine
spindles. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Edac
Technologies,
designs
and
manufactures
services
for
the
aerospace
industry
in
areas
such
as
special
tooling,
equipment
and
gauges,
and
components
used
in
the
assembly,
manufacture,
and
inspection
of
jet
engines.
For
the
six
months
ended
6/30/01,
sales
fell
3%
to
$23.6
million.
Net
income
before
acct.
change
and
extraordinary
items
totalled
$834
thousand,
vs.
a
loss
of
$322
thousand.
Results
reflect
lower
Apex
Machine
Tool
Co.
segment
sales,
offset
by
lower
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Richard Dandurand Chairman,
CEO | -- | Ronald Popolizio, 41 CFO,
Exec. VP, Sec., Director | $162K | Dollar amounts are as of 1-Jan-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
|
|