| Business Summary | | Synalloy
Corporation
operates
in
two
principal
industry
segments,
metals
and
chemicals.
The
Metals
Segment
manufactures
welded
stainless
steel
pipe
and
highly
specialized
products,
most
of
which
are
custom
produced
to
individual
orders,
required
for
corrosive
and
high-purity
processes
used
principally
by
the
chemical,
petrochemical
and
pulp
and
paper
industries.
Products
include
piping
systems,
fittings,
tanks,
pressure
vessels
and
a
variety
of
other
components.
The
Chemicals
Segment
has
two
separately
managed
operating
groups,
Colors
and
Specialty
Chemicals.
The
Colors
Group
manufactures
dyes,
pigments
and
auxiliaries
primarily
for
the
textile
industry.
The
Specialty
Chemicals
Group
manufacturers
a
wide
variety
of
specialty
chemicals
for
the
textile,
chemical,
paper,
metals,
petroleum
and
pharmaceutical
industries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Synalloy
Corporation
is
a
diversified
manufacturer
operating
in
two
major
segments:
Metals
and
Chemicals.
For
the
six
months
ended
6/30/01,
net
sales
decreased
26%
to
$47.7
million.
Net
income
decreased
81%
to
$432
thousand.
Revenues
suffered
from
decreased
sales
volumes
and
unit
prices
in
the
Metals
segment
and
the
continued
downsizing
of
the
domestic
textile
industry.
Net
income
also
reflects
reduced
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Lane, Jr., 67 Chairman
and CEO | $187K | Ralph Matera Pres | -- | Joseph Avento, 59 Pres
- Bristol Metals, L.P. | 298K | Ronald Braam, 57 Pres,
Synalloy Chemicals Group | 198K | Ronald Matthews, 52 Pres
of Blackman Uhler ColorsGroup | 150K | Dollar amounts are as of 30-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
|
|