| Business Summary | | ABC-NACO
Inc.
is
a
supplier
of
technologically
advanced
products
and
services
to
the
freight
railroad
industry
through
its
two
core
business
segments,
Rail
Products,
and
Rail
Services
and
Systems.
With
four
technology
centers
around
the
world
supporting
its
business
segments,
the
Company
holds
market
positions
in
the
design,
engineering
and
manufacture
of
high-performance
freight
railcar,
locomotive
and
passenger
rail
suspension
and
coupler
systems,
wheels
and
mounted
wheel
sets
and
specialty
track
products.
Until
the
sale
of
the
Signal
Group
within
the
Rail
Services
and
Systems
segment
in
February
2001,
the
Company
also
supplied
freight,
railroad
and
transit
signaling
systems
and
services.
In
late
2000,
the
Company
discontinued
the
operations
of
its
Flow
and
Specialty
Products
segment,
and
is
actively
pursuing
the
sale
of
these
businesses
in
2001.
This
segment
primarily
supplied
steel
and
high-alloy
valve
and
related
castings
for
industrial
flow-control
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ABC-NACO
is
a
supplier
of
technologically
advanced
products
and
services
to
the
freight
railroad
and
flow
control
industries.
For
the
six
months
ended
6/30/01,
revenues
fell
25%
to
$200.1
million.
Net
loss
applicable
to
Common
from
continuing
operations
totaled
$47.1
million,
up
from
$16.6
million.
Revenues
reflect
lower
Rail
Product
and
Service
segment
sales
due
to
depressed
new
car
build
rates.
Higher
loss
also
reflects
an
increase
in
non-recurring
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Daniel Duval, 64 Chairman | -- | Vaughn Makary, 51 Pres,
CEO, Director | $387K | Wayne Rockenbach, 56 CFO,
Sr. VP | -- | John Waite, 58 Exec.
VP, CAO | 326K | Brian Greenburg, 42 VP,
Treasurer | -- | 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
|
|