| Business Summary | | MFRI,
Inc.
has
three
business
segments:
Filtration
Products,
Piping
Systems
and
Industrial
Process
Cooling
Equipment.
The
Company's
Filtration
Products
business
is
conducted
by
Midwesco
Filter
Resources,
Inc.
(Midwesco
Filter).
Perma-Pipe,
Inc.
(Perma-Pipe)
conducts
the
Piping
Systems
business.
The
Industrial
Process
Cooling
Equipment
business
is
conducted
by
Thermal
Care,
Inc.
(Thermal
Care).
Midwesco
Filter,
Perma-Pipe
and
Thermal
Care
are
wholly
owned
subsidiaries
of
MFRI.
The
Company
manufactures
and
sells
a
wide
variety
of
filter
elements
for
cartridge
collectors
and
baghouse
air
filtration
and
particulate
collection
systems.
MFRI
engineers,
designs
and
manufactures
specialty
piping
systems
and
leak-detection
and
location
systems,
as
well
as
coolers
for
industrial
purposes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MFRI,
Inc.
manufactures
and
sells
filter
elements
for
use
in
industrial
air
filtration
systems,
and
also
engineers,
designs
and
manufactures
specialty
piping
systems,
leak
detection
and
location
systems
and
industrial
process
cooling
equipment.
For
the
three
months
ended
4/30/01,
sales
fell
10%
to
$30.7
million.
Net
income
fell
49%
to
$140
thousand.
Revenues
reflect
decreased
sales
in
all
business
segments.
Net
income
reflects
manufacturing
inefficiencies
and
pricing
pressure. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| David Unger, 65 Chairman,
Pres, CEO | $292K | Henry Mautner, 73 Vice
Chairman | 246K | Bradley Mautner, 44 Director
and VP | -- | Michael Bennett, 55 VP,
CFO, Sec. and Treasurer | -- | Fati Elgendy, 51 VP,
Director | 302K | Dollar amounts are as of 31-Jan-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
|
|