| Business Summary | | Peerless
Manufacturing
Co.
is
engaged
in
the
business
of
designing,
engineering,
manufacturing
and
selling
highly
specialized
products
referred
to
as
Selective
Catalytic
Reduction
Systems
used
to
separate
nitrogen
oxide
emissions
from
exhaust
gases
caused
by
burning
hydrocarbon
fuels
such
as
coal,
gasoline,
natural
gas
and
oil.
The
Company
combines
these
products
with
other
components
as
totally
integrated
systems.
Many
of
the
Company's
components
are
packaged
on
skids
complete
with
instruments,
controls
and
related
valves
and
piping. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PMFG
designs,
engineers
and
manufactures
specialized
products
for
the
removal
of
contaminants
from
gases
and
liquids
and
for
air
pollution
abatement.
For
the
fiscal
year
ended
6/30/01,
net
sales
rose
33%
to
$78.2
million.
Net
income
totaled
$3.1
million,
up
from
$931
thousand.
Revenues
reflect
an
increase
in
demand
for
the
environmental
and
separation/filtration
products.
Higher
income
also
reflects
lower
operating
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
32,488;
after
tax
earnings
were
3,028. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Sherrill Stone, 63 Chairman,
Pres and CEO | $199K | -- | Thomas Reeve, 44 CFO,
Trustee, Sec. | -- | -- | Roy Cuny, 47 COO,
Exec. VP | -- | -- | G. Cornwell, 56 Sr.
VP | 135K | $16K | Dollar amounts are as of 30-June-2000 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
|
|