| Business Summary | | LTV
Corporation
is
a
domestic
integrated
steel
producer;
a
producer
of
mechanical
and
structural
steel
tubing
products;
a
producer
of
bimetallic
wire
products;
and
a
manufacturer
of
pre-engineered
metal
buildings
systems.
LTV
also
owns
an
interest
in
a
flat
rolled
steel
mini-mill
joint
venture.
The
Company
has
three
business
segments
namely
Integrated
Steel,
Metal
Fabrication,
and
Corporate
and
Other.
LTV's
Integrated
Steel
segment
manufactures
and
sells
a
diversified
line
of
carbon
flat
rolled
steel
products
including
hot
rolled,
cold
rolled
and
galvanized
sheet
products.
The
Company's
Metal
Fabrication
segment
produces:
a
full
range
of
mechanical
tubing
product
lines;
structural
tubing;
electrical
conduit;
standard,
line
and
oil
country
pipe;
bimetallic
copper-clad
steel
and
aluminum
wire,
rod
and;
and
pre-engineered
metal
buildings.
The
Corporate
and
Other
segment
includes
corporate
investments
and
related
income,
interest
expense
and
other
expense. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LTV
Corporation
operates
in
three
segments:
Integrated
Steel
(manufatures
and
sells
coated
sheets
and
tin
mill
products),
Metal
Fabrication
(steel
processing
and
blanking
operations),
and
Corporate
(investment)
and
other.
For
the
six
months
ended
6/30/01,
net
sales
fell
27%
to
$1.95
billion.
Net
loss
before
extraordinary
items
applicable
to
Comm.
rose
54%
to
$450
million.
Revenues
reflect
lower
shipments
and
lower
average
steel
prices.
Net
loss
suffered
from
$137
million
in
restructuring
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Bricker, 69 Chairman,
Pres, CEO | $320K | Thomas Garrett, Jr. CFO,
Sr. VP | -- | John Turner, 55 COO,
Exec. VP and Pres of LTV Copperweld | 746K | David Gilchrist, Jr., 52 Exec.
VP, Pres, VP Buildings | 630K | Glenn Moran, 53 Sr.
VP, Gen. Counsel, Sec. | -- | 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
|
|