| Business Summary | | Fountain
Powerboat
Industries,
Inc.,
through
its
wholly
owned
subsidiary,
Fountain
Powerboats,
Inc.,
designs,
manufactures
and
sells
offshore
sport
boats,
sport
cruisers,
sport
fishing
boats
and
sport
yachts
intended
for
the
recreational
power
boat
market.
In
addition,
the
Company
produces
various
military
support
craft
for
domestic
and
international
government
agencies,
including
the
United
States
Customs
Service,
the
United
States
Navy
and
the
United
States
Coast
Guard.
Each
of
the
Company's
recreational
products
is
based
upon
a
deep
V-shaped
fiberglass
hull
with
a
V-shaped
pad,
a
notched
transom
and
a
positive-lift
step
hull.
This
design
enables
the
boat
to
achieve
performance
and
stability
standards. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Fountain
Powerboat
Industries
manufactures
high
performance
deep
water
sport
boats,
sport
cruisers,
sport
fishing
boats,
custom
offshore
racing
boats
and
super
cruiser
yachts.
For
the
nine
months
ended
3/01,
net
sales
fell
20%
to
$32.5
million.
Net
loss
totalled
$345
thousand,
vs.
an
income
of
$570
thousand.
Revenues
reflect
the
general
slowdown
in
the
marine
industry
and
the
bankruptcy
of
a
major
engine
and
boat
builder.
Net
loss
reflects
a
lower
margin
sales
mix. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Reginald Fountain, Jr., 60 Chairman,
Pres, CEO | $443K | David Simmons, 62 CFO | -- | Anthony Romersa, 55 COO,
Exec. VP, Director | 206K | Joseph Schemenauer, 53 VP-Fin. | -- | Dollar
amounts are as of 30-June-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
|
|