| Business Summary | | Coastcast
Corporation
is
a
manufacturer
of
investment-cast
titanium
and
stainless
steel
golf
clubheads
for
high-quality,
premium-priced
metal
woods,
irons
and
putters.
Coastcast
believes
it
is
one
of
the
largest
producers
of
metal
wood
clubheads
for
high-quality,
premium-priced
golf
clubs.
Titanium
clubheads
accounted
for
approximately
42%
and
45%
of
the
Company's
total
sales
in
1999
and
2000,
respectively.
The
Company
also
manufactures
a
variety
of
investment-cast
orthopedic
implants
and
surgical
tools
(used
principally
in
replacement
of
hip
and
knee
joints
in
humans
and
small
animals)
and
other
specialty
products,
and
aluminum
compressor
wheels
using
the
reusable
investment
pattern
process.
These
products
accounted
for
approximately
9%
of
the
Company's
total
sales
for
the
year
ended
December
31,
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Coastcast
Corporation
produces
investment-cast
golf
clubheads,
and
precision
investment
catings
and
related
engineering
for
the
medical
industry.
For
the
six
months
ended
6/30/01,
revenues
decreased
29%
to
$59.5
million.
Net
loss
totaled
$1
million,
vs.
an
income
of
$7.1
million.
Revenues
reflect
a
decrease
in
sales
of
steel
golf
clubheads.
Net
loss
reflects
a
decrease
in
margins
due
to
the
continuing
high
scrap
rates
in
the
titanium
manufacturing
operations. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Hans Buehler, 68 Chairman
and CEO | $600K | $866K | Norman Fujitaki, 46 CFO,
Sec. | -- | -- | Todd Smith, 37 Exec.
VP, Operations | 222K | 27K | Kathleen Wainwright, 36 Sr.
VP of Sales | 191K | -- | K. Michael Wellman, 56 Sr.
VP- Foundries | 186K | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|