| Business Summary | | Spectrum
Control,
Inc.
was
founded
as
a
solutions-oriented
company,
designing
and
manufacturing
products
to
suppress
or
eliminate
electromagnetic
interference
(EMI).
In
recent
years,
the
Company
has
broadened
its
focus
and
product
lines
to
become
a
control
products
systems
company,
providing
a
wide
range
of
components
and
systems
used
to
condition,
regulate,
transmit,
receive
or
govern
electronic
performance.
Although
Spectrum
Control
components
and
systems
are
used
in
many
industries
worldwide,
the
Company's
largest
market
is
the
telecommunications
industry.
The
Company's
operations
are
conducted
in
two
business
segments,
the
Signal
Products
Group
and
Power
Technologies
Group,
consisting
of
power
products
and
advanced
systems.
The
Company
recently
developed
its
advanced
systems
product
offering
to
become
a
provider
of
more
complex
power
management
systems,
including
a
line
of
digital
radio-frequency
control
equipment
for
remote
and
automatic
electronic
systems
management. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SPEC
and
its
subsidiaries
design,
manufacture
and
market
a
broad
line
of
control
products
and
systems,
including
power,
microwave
and
specialty
ceramic
products,
designed
to
suppress
the
emission
of
unwanted
electromagnetic
waves.
For
the
26
weeks
ended
5/31/01,
net
sales
decreased
7%
to
$56.1
million.
Net
income
fell
23%
to
$2.4
million.
Revenues
reflect
lower
shipping
volumes.
Net
income
also
reflects
increased
S/G/A
expenses
due
to
additional
advertising
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gerald Ryan, 65 Chairman | -- | -- | Richard Southworth, 58 Pres,
CEO, Director | $505K | $250K | John Freeman, 46 CFO,
Sr. VP, Director | 252K | 83K | Lawrence Howanitz, 48 Sr.
VP, Signal Products Group | 222K | 13K | Brian Ward, 41 Sr.
VP Power Technologies Group | 222K | 17K | Dollar
amounts are as of 30-Nov-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
|
|