| Business Summary | | Pitt-Des
Moines,
Inc.
is
an
engineering
and
construction
company,
as
well
as
a
distributor
of
a
broad
range
of
carbon
steel
products.
The
Company
currently
operates
through
two
business
segments,
which
include
Heavy
Construction
and
Steel
Distribution.
The
Heavy
Construction
segment
specializes
in
the
engineering
and
design,
procurement
and
fabrication
of
steel
bridges.
The
Steel
Distribution
segment
processes
and
distributes
a
full
line
of
heavy
carbon
steel
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PDM
is
a
diversified
engineering
and
construction
company
that
also
processes
and
distributes
a
wide
range
of
carbon
steel
products.
For
the
six
months
ended
6/30/01,
revenue
decreased
12%
to
$45.7
million.
Net
income
from
continuing
operations
decreased
18%
to
$3.2
million.
Revenues
reflect
the
mix
of
contracts.
Earnings
also
reflect
a
$2.9
million
charge
for
a
corporate
severance
program,
lower
gross
margins
and
higher
operating
expenses
as
a
percentage
of
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| P. Elbert, 70 Chairman | $555K | $600K | William McKee, 62 Pres,
CEO, Director | 888K | 2.0M | R. Byers, 53 Treasurer,
Vice Presidnet- Admin. and Fin. | 528K | 590K | 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
|
|