| Business Summary | | McClain
Industries,
Inc.,
together
with
its
subsidiaries,
is
a
manufacturer
of
a
diversified
line
of
dump
truck
bodies
and
solid
waste
handling
equipment.
Dump
truck
bodies
are
assemblies
attached
to
truck
frames
that
are
used
to
carry
and
dump
solid
materials
such
as
dirt
or
gravel.
Solid
waste
handling
equipment
is
used
for
the
temporary
storage,
transportation
and
compaction
of
residential,
commercial
and
industrial
waste
and
recycling
materials.
The
Company
also
sells
truck
chassis
at
the
retail
level.
In
addition,
the
Company
operates
a
steel
tube
mill
to
manufacture
some
of
its
steel
tubing
needs.
The
Company
also
provides
coiled
steel
cutting
and
warehousing
services
for
its
own
manufacturing
operations
and,
on
a
limited
basis,
for
sale
to
third-party
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | McClain
Industries
manufactures
and
sells
dump
truck
bodies
used
to
carry
and
dump
solid
materials
and
solid
waste
handling
equipment
used
for
the
temporary
storage
and
transportation
of
waste
and
recycling
materials.
For
the
nine
months
ended
6/30/01,
net
sales
fell
33%
to
$72.6
million.
Net
loss
totaled
$2.6
million
vs.
an
income
of
$1.6
million.
Revenues
reflect
a
slowdown
in
the
manufacturing
sector
of
the
economy.
Net
loss
reflects
$1.1
million
in
nonrecurring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Kenneth McClain, 59 Chairman,
Pres and CEO | $295K | Robert McClain, 64 Sr.
VP, Assistant Sec. | 150K | Mark Mikelait, 40 Treasurer | 123K | Carl Jaworski, 57 Sec. | 111K | Dollar
amounts are as of 30-Sep-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
|
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