| Business Summary | | Universal
Manufacturing
Co.
is
engaged
in
the
business
of
selling
on
a
wholesale
basis
remanufactured
automotive
parts
for
Ford,
Lincoln
and
Mercury
automobiles
and
trucks.
It
is
a
franchised
remanufacturer
for
Ford
Motor
Company.
The
Company's
source
for
such
remanufactured
engines
is
other
Ford
Authorized
Remanufacturers.
The
principal
markets
for
the
Company's
products
are
automotive
dealers,
parts
jobber
supply
houses
and
other
Ford
Authorized
Remanufacturers.
In
addition
to
its
remanufacturing
activities,
the
Company
also
sells,
under
a
warehouse
distributorship
agreement
with
Ford
Motor
Company,
clutches,
pressure
plates,
torque
converters,
transmissions,
engine
assemblies,
remanufactured
diesel
parts,
power
steering
pumps,
steering
gears,
starters,
alternators,
ABS
modules
and
Ford
branded
car
care
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Universal
Manufacturing
is
engaged
in
the
business
of
selling
on
a
wholesale
basis
remanufactured
auto
parts
for
Ford,
Lincoln
and
Mercury
automobiles
and
trucks.
For
the
nine
months
ended
4/28/01,
net
sales
rose
52%
to
$23.6
million.
Net
loss
totaled
$10
thousand
vs.
an
income
of
$277
thousand.
Results
reflect
the
acquisition
of
Value
Independent
Parts
and
strong
sales
of
engine
and
transmission
assemblies,
offset
by
costs
related
to
the
VIP
purchase. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Donald Heupel, 53 Pres | $87K | Steve Nelson, 44 VP
of Distribution Operations, Universal Distribution LLC | -- | Patrick Warner, 49 Controller | -- | T. Warren Thompson, 70 Sec. | -- | Dollar
amounts are as of 31-July-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
|
|