| Business Summary | | IPSCO
Inc.
is
a
mini-mill
producer
of
steel
and
steel
products
in
Canada
and
the
United
States.
The
Company
manufactures
steel
in
hot-rolled
coil
and
discrete
plate
forms,
with
a
focus
on
wider,
thicker
and
higher-strength
steel
products,
at
its
two
mini-mills
located
at
the
Montpelier
Steelworks
and
the
Regina
Steelworks,
as
well
as
a
range
of
further
fabricated
products
at
10
locations
in
Canada
and
the
United
States
(these
products
include
energy-related
tubulars,
standard
pipe,
hollow
structural
sections
and
cut-to-length
steel).
The
Company's
products
are
marketed
in
Canada
and
the
United
States
to
customers
in
the
manufacturing,
energy,
transportation,
construction,
heavy
equipment
and
agricultural
equipment
sectors
and
to
distributors
or
further
fabricators
of
steel
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IPS
is
engaged
in
the
production
of
steel
and
sale
of
primary
and
secondary
manufactured
steel
products.
IPS's
products
include
hot
rolled
coil,
plate
and
slabs,
and
line
pipe,
tubular
goods
and
transmission
towers.
For
the
six
months
ended
6/01,
total
revenues
fell
9%
to
$452.9
million.
Net
income
applicable
to
Common
rose
25%
to
$34.4
million.
Revenues
reflect
lower
selling
prices
and
reduced
sale
of
steel
mill
products.
Earnings
benefited
from
a
litigation
settlement. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Burton Joyce, 58 | Chairman | Roger Phillips | Pres,
CEO | David Sutherland, 51 | COO,
Exec. VP | Charles Backman | Sr.
VP and Chief Admin. and Engineering Officer | Charles Sanida | Sr.
VP and CTO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|