| Business Summary | | Martin
Industries,
Inc.
manufactures
products
in
two
industry
segments:
home
heating
products
and
leisure
and
other
products,
such
as
do-it-yourself
utility
trailer
kits
and
gas
barbecue
grills.
The
Company's
home
heating
products
are
marketed
under
the
Martin
Gas
Products,
Martin
Fireplace,
Atlanta
Stove,
Warm
Morning,
Prime
Heat
and
Hunter
brand
names,
representing
over
150
combined
years
in
the
home
heating
appliance
marketplace.
Home
heating
products
are
sold
primarily
to
distributors
and
dealers
in
the
United
States
and
Canada.
The
Company's
leisure
and
other
products
are
primarily
marketed
under
the
Broilmaster
and
NuWay
brand
names.
Martin
Industries'
leisure
products
are
sold
to
distributors,
dealers
and
mass
merchandisers
in
the
United
States
and
Canada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MTIN
manufactures
gas
space
heaters,
gas
logs
and
pre-engineered
fireplaces.
MMTIN
also
produces
premium
gas
barbecue
grills
and
do-it
yourself
utility
trailer
kits.
For
the
three
months
ended
3/31/01,
revenues
fell
33%
to
$15.3
million.
Net
loss
rose
37%
to
$2.7
million.
Revenues
suffered
from
a
decrease
in
gross
hearth
product
sales
and
delays
in
orders
received.
Higher
loss
reflects
the
absence
of
a
$100
thousand
restructure
credit
and
of
a
$75
thousand
gain
on
the
sale
of
land. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
13,199;
after
tax
earnings
were
-3,520. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Martin, III, 70 Chairman | -- | John Duncan, 67 Pres,
CEO, Director | $130K | James Truitt, 63 CFO,
VP of Fin. and Admin., Sec., Treasurer | -- | J. Roney, 41 VP
of Sales and Marketing | 140K | Anthony Ricketts, 39 VP
of Strategic Sourcing | -- | 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
|
|