| Business Summary | | Merrimac
Industries
Inc
is
engaged
in
passive
RF
and
microwave
components
for
industry,
government
and
science.
Merrimac
components
are
found
in
applications
as
diverse
as
satellites,
military
and
commercial
aircraft,
cellular
radio
systems,
magnetic
resonance
medical
diagnostic
instruments,
personal
communications
systems
(PCS)
and
wireless
Internet
connectivity.
Merrimac
has
become
a
versatile
technologically
oriented
company
specializing
in
miniature
radio
frequency
lumped-element
components,
integrated
networks,
microstrip
and
stripline
microwave
components,
subsystems
and
ferrite
attenuators.
Of
special
significance
has
been
the
combination
of
two
or
more
of
these
technologies
into
single
components
to
achieve
superior
performance
and
reliability
while
minimizing
package
size
and
weight. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Merrimac
Industries,
Inc.
is
a
provider
of
passive
RF
and
microwave
components
for
industry,
government
and
science.
For
the
26
weeks
ended
6/30/01,
sales
increased
30%
to
$12.9
million.
Net
income
totaled
$106
thousand
vs.
a
loss
of
$125
thousand.
Revenues
reflect
increased
sales
of
electronic
component
products.
Net
income
also
reflects
improved
manufacturing
efficiencies
as
a
result
of
the
reduction
in
direct
labor
and
overhead
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Mason Carter, 55 Chairman,
Pres and CEO | $356K | $7.3K | Kovilvila Ramachandran, 60 Pres
and Technical Director, Filtran Microcircuits Inc. | -- | -- | Robert Condon, 54 VP
of Fin., CFO, Treasurer and Sec. | 176K | 42.9K | Jayson Hahn, 33 VP,
Information Technology and CIO | -- | -- | Brian Dornan, 52 VP,
Chief Engineer of the RF Microwave Products Group | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|