| Business Summary | | Philip
Services
Corporation
is
an
industrial
and
metals
services
company
operating
in
three
segments,
consisting
of
the
Industrial
Outsourcing
Group,
By-Products
Services
Group
and
Metals
Services
Group.
The
Industrial
Outsourcing
Group
is
an
integrated
provider
of
a
broad
range
of
industrial
outsourcing
services.
The
By-Products
Services
Group
provides
industrial
by-product
collection,
recycling,
processing
and
disposal,
as
well
as
analytical
services,
container
and
tank
cleaning
and
emergency
response
services.
The
Metals
Services
Group
provides
ferrous
and
non-ferrous
scrap
collection
and
processing
services,
brokerage,
transportation
and
on-site
mill
services,
as
well
as
end
processing
and
distribution. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Philip
Services
Corporation
operates
an
integrated
network
of
metals
recovery
and
industrial
service
operations,
from
over
280
locations
in
North
America
and
Europe.
For
the
six
months
ended
6/30/01,
revenues
fell
11%
to
$809.1
million.
Net
loss
from
continuing
operations
rose
47%
to
$8.6
million.
Revenues
reflect
price
and
volume
decreases
in
the
metals
business.
Higher
loss
also
reflects
lower
operating
margins
and
special
charges
relating
to
the
restructuring. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Anthony Fernandes | Chairman,
Pres, CEO | Thomas O'Neill, Jr. | CFO,
Sr. VP | Fred Smith | Pres,
Metals Services Group | Robert Millstone | Sr.
VP, Gen. Counsel, Sec. | James O'Leary | Sr.
VP of HR |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|