| Business Summary | | Quanex
is
engaged
in
the
production
of
value-added
engineered
carbon
and
alloy
steel
bars,
aluminum
flat-rolled
products
and
precision-formed
metal
products.
The
Company
uses
state-of-the-art
manufacturing
technologies,
low-cost
production
processes
and
engineering
and
metallurgical
expertise
to
provide
customers
with
specialized
products
for
specific
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Quanex
Corporation
is
a
manufacturer
of
value-added
engineered
alloy
steel
bars,
aluminum
flat-rolled
products,
engineered
and
formed
metal
products.
Net
sales
for
the
six
months
4/30/01
decreased
8%
to
$407.6
million.
Net
income
before
extraordinary
item
decreased
40%
to
$8
million.
Revenues
reflect
lower
sales
from
the
Company's
engineered
steel
bar
and
aluminum
sheet
products
groups.
Earnings
also
reflect
higher
energy
costs
and
interest
expense. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
240,332;
after
tax
earnings
were
9,608. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Raymond Jean Chairman,
Pres, CEO | -- | Terry Murphy, 52 VP
of Fin. and CFO | $446K | Paul Giddens, 56 VP
of HR | -- | Robert Kelly, Jr., 62 Group
Pres and VP | 466K | Michael Bayles, 49 VP-
Strategic Planning and Bus. Devel. | -- | Dollar amounts are as of 31-Oct-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
|
|