| Business Summary | | Tecumseh
Products
Company
is
a
full-line,
independent
global
manufacturer
of
hermetic
compressors
for
air
conditioning
and
refrigeration
products;
gasoline
engines
and
power
train
components
for
lawn
and
garden
applications;
and
pumps
with
a
wide
range
of
applications.
The
Company's
products,
which
are
sold
in
countries
all
around
the
world
are
grouped
into
three
principal
industry
segments:
Compressor
Products,
Engine
and
Power
Train
Products
and
Pump
Products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TECUA
is
an
independent
global
manufacturer
of
pumps,
hermetic
compressors,
and
engine
and
power
train
components.
For
the
six
months
ended
6/30/01,
net
sales
fell
17%
to
$786.7
million.
Net
income
fell
16%
to
$31.5
million.
Net
sales
suffered
from
reduced
demand
in
the
air
conditioning
markets
and
for
lawn
and
garden
engines.
Earnings
were
partially
offset
by
the
absence
of
$33.5
million
in
charges
related
to
the
restructuring
of
the
compressor
manufacturing
operations. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Kenneth Herrick, 79 Chairman | -- | Todd Herrick, 58 Pres,
CEO, Director | $530K | David Kay CFO, VP, Treasurer | -- | Michael Forman VP
of HR | -- | Dollar amounts are as of 31-Dec-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
|
|