| Business Summary | | GreenMan
Technologies,
Inc.
is
engaged
in
the
business
of
collecting,
shredding
and
marketing
scrap
tires.
GreenMan's
tire
recycling
operations,
located
in
Minnesota
and
Georgia,
are
paid
a
fee
to
collect,
transport
and
process
scrap
tires
into
two-inch
rubber
chips
that
are
then
sold
for
two
applications:
as
tire-derived
fuel
to
cement
kilns,
pulp
and
paper
producers
and
electric
utilities;
or
as
utilization
in
civil
engineering
projects
such
as
landfill
construction
or
road
stabilization
projects.
GreenMan's
tire
recycling
operations
have
the
capacity
to
process
up
to
24
million
passenger
tire
equivalents
annually. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GMTI
operates
two
business
segments:
the
recycling
operations
and
the
industrial
material
operation
which
markets
manufactures,
and
installs
a
diverse
range
of
ceramic,
polymer
composite
and
alloy
steel
materials.
For
the
nine
months
ended
6/30/01,
net
sales
increased
12%
to
$15.1
million.
Net
income
from
continuing
operations
totaled
$415
thousand,
vs.
a
loss
of
$436
thousand.
Revenues
reflect
increased
passenger
tire
equivalents
processed.
Net
income
also
reflects
ongoing
cost
reduction
initiatives. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Maurice Needham, 60 Chairman
of Directors | -- | Robert Davis, 58 Pres,
CEO | $244K | Charles Coppa, 37 Acting
CFO, Treasurer and Sec. | 132K | Robert Maust, 42 VP
of Operations | 204K | Dollar amounts are as of 30-Sep-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
|
|