| Business Summary | | Hawk
Corporation
is
a
holding
company,
the
principal
assets
of
which
consist
of
the
capital
stock
of
its
manufacturing
subsidiaries,
Friction
Products
Co.,
S.K.
Wellman
Corp.,
S.K.
Wellman
SpA,
Hawk
Composites
Company
Limited,
Helsel,
Inc.,
Sinterloy
Corporation,
Clearfield
Powdered
Metals,
Inc.,
Allegheny
Powder
Metallurgy,
Inc.,
Net
Shape
Technologies
LLC,
Hutchinson
Products
LLC,
Hutchinson
Products
de
Mexico,
Hawk
Brake,
Inc.,
Quarter
Master
Industries,
Inc.,
Tex
Racing
Enterprises,
Inc.
and
Logan
Metal
Stampings,
Inc.
Through
its
subsidiaries,
Hawk
operates
primarily
in
four
reportable
segments,
friction
products,
powder
metal,
performance
automotive
and
motor
components.
The
Company
focuses
on
supplying
components
to
the
aerospace,
industrial,
performance
automotive
and
motor
markets,
which
require
sophisticated
engineering
and
production
techniques
for
applications
in
markets
in
which
it
has
achieved
a
significant
market
share. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HWK
designs,
engineers,
manufactures
and
markets
friction
products
such
as
replacement
elements
for
clutches,
brakes
and
transmissions
and
powder
metals
used
in
components
of
fluid
power,
automotive,
construction
and
appliance
markets.
For
the
six
months
ended
6/30/01,
revenues
fell
7%
to
$101.2
million.
Net
loss
available
to
common
shareholders
totaled
$637
thousand,
vs.
an
income
of
$4
million.
Results
reflect
lower
sales
in
the
powder
metal
and
friction
segments,
and
a
$1
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Norman Harbert, 66 Co-Chairman,
Co-CEO | $942K | Ronald Weinberg, 58 Co-Chairman,
Co-CEO | 771K | Jeffrey Berlin, 37 Pres
and COO | 373K | Thomas Gilbride, 46 VP-Fin. | 169K | Christopher DiSantis VP,
Corp. Devel. | -- | Dollar amounts are as of 31-Dec-1999 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
|
|