| Business Summary | | Thermo
Fibertek
Inc.
operates
in
two
segments,
Pulp
and
Papermaking
Equipment
and
Systems
and
Water-
and
Fiber-recovery
Services
and
Products.
Through
its
Pulp
and
Papermaking
Equipment
and
Systems
segment,
the
Company
designs
and
manufactures
stock-preparation
systems
and
equipment,
paper
machine
accessories
and
water-management
systems
for
the
paper
and
paper
recycling
industries.
The
Company's
Thermo
Fibergen
Inc.
subsidiary
comprises
the
Water-
and
Fiber-recovery
Services
and
Products
segment.
Through
its
NEXT
Fiber
Products
Inc.
subsidiary,
Thermo
Fibergen
develops,
produces
and
markets
fiber-based
composites
primarily
for
the
building
industry,
used
for
applications
such
as
soundwalls,
decking,
privacy
fencing
and
siding.
In
August
2001,
the
Company
became
Thermo
Electron's
first
spinoff
with
the
distribution
by
Thermo
Electron
of
all
the
Kadant
shares
it
owns
as
a
dividend
to
Thermo
Electron
shareholders
of
record
on
July
30,
2001. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Kadant
Inc.
designs
and
manufactures
processing
machinery,
accessories
and
water-management
systems
for
the
paper
and
paper
recycling
industries.
For
the
26
weeks
ended
6/30/01,
revenues
decreased
2%
to
$115.6
million.
Net
income
before
accounting
change
decreased
25%
to
$5.6
million.
Revenues
reflect
unfavorable
effects
of
a
strong
dollar.
Earnings
also
reflect
increased
cost
of
natural
gas,
and
lower
profit
margins
as
a
result
of
startup
efforts. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999
Compensation | | Pay | Exer | |
| Donald Noble, 85 Chairman | -- | -- | William Rainville, 58 Pres,
CEO, Director | $405K | $707K | Theo Melas-Kyriazi, 40 CFO | -- | -- | Thomas O'Brien, 48 Exec.
VP- Fin. | 292K | 342K | Jonathan Painter, 41 Exec.
VP, Operations | 293K | -- | Dollar
amounts are as of 1-Jan-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
|
|