| Business Summary | | L.
B.
Foster
Company
is
engaged
in
the
manufacture,
fabrication
and
distribution
of
products
that
serve
the
surface
transportation
infrastructure.
For
rail
markets,
Foster
provides
a
full
line
of
new
and
used
rail,
trackwork
and
accessories
to
railroads,
mines
and
industry.
The
Company
also
designs
and
produces
concrete
railroad
products,
insulated
rail
joints,
power
rail,
track
fasteners,
coverboards,
signaling
and
communication
devices
and
special
accessories
for
mass
transit
and
other
rail
systems
worldwide.
For
the
construction
industry,
the
Company
sells
and
rents
steel
sheet,
H-bearing
and
pipe
piling
for
foundation
and
earth
retention
requirements.
For
tubular
markets,
the
Company
supplies
pipe
coatings
for
natural
gas
pipelines
and
utilities.
The
Company
also
produces
threaded
products
for
industrial
water
well
and
irrigation
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | L.B.
Foster
Company
is
engaged
in
the
manufacture,
fabrication
and
distribution
of
rail
and
trackwork,
piling
and
highway
and
tubular
products.
For
the
six
months
ended
6/30/01,
revenues
increased
4%
to
$136.4
million.
Net
loss
from
continuing
operations
totalled
$874
thousand,
vs.
an
income
of
$1.3
million.
Revenues
reflect
increased
sales
volume.
Net
loss
reflects
lower
gross
margin
and
higher
selling
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Lee Foster II, 53 Chairman,
CEO | $414K | $26K | Stan Hasselbusch, 52 Pres,
COO | 281K | -- | Gary Ryker, 50 Exec.
VP--Rail Products | -- | -- | Alec Bloem, 49 Sr.
VP--Concrete Products | 308K | -- | Paul Dean, 68 Sr.
VP - Piling Products | -- | -- | Dollar
amounts are as of 31-Dec-1999 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
|
|