| Business Summary | | Winland
Electronics,
Inc.
designs
and
manufactures
custom
electronic
controls
and
assemblies,
primarily
for
original
equipment
manufacturer
(OEM)
customers.
Revenues
from
OEM
customers
provided
85%
of
the
Company's
total
revenue
in
2000.
The
Company
provides
controls
and
assemblies
to
several
OEM
customers
that
market
their
products
to
a
wide
variety
of
industries.
The
Company
continues
to
maintain
its
presence
in
the
security/industrial
markets
with
the
sales
of
its
own
line
of
proprietary
environmental
security
products.
Winland
designs,
produces
and
distributes
products
in
two
product
categories,
defined
as
Electronic
Controls
and
Assemblies
for
OEM
Customers,
and
Proprietary
Products
and
Services,
primarily
for
the
Security/Industrial
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Winland
designs
and
manufactures
custom
electronic
control
products
and
assemblies
for
several
OEM
customers;
and
sensors
and
alarms
for
the
security
marketplace.
For
the
six
months
ended
6/30/01,
sales
fell
10%
to
$8.4
million.
Net
loss
totaled
$384
thousand,
vs.
an
income
of
$82
thousand.
Results
reflect
lower
sales
to
OEM
customers
due
to
the
economic
slowdown.
Net
loss
reflects
lower
absorption
of
fixed
costs,
and
charges
related
to
CEO
resignation
and
a
special
shareholder
meeting. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| S. Robert Dessalet, 67 Chairman | -- | Lorin Krueger, 44 Pres,
CEO, Chief Operating Officer, Director | $139K | Kirk Hankins, 38 VP
of Sales and Marketing | -- | Kimberley Kleinow, 32 VP
of Procurement and Materials | -- | Jennifer Thompson VP,
Financial Operations | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|