| Business Summary | | Ampco-Pittsburgh
Corporation
engages
in
three
businesses
that
manufacture
and
sell
principally
custom-engineered
equipment.
The
Forged
and
Cast
Rolls
segment,
which
consists
of
Union
Electric
Steel
Corp.
and
Davy
Roll
Co.,
manufactures
and
sells
forged
hardened
steel
rolls
and
cast
rolls
(iron
and
steel)
to
the
metals
industry.
The
Air
and
Liquid
Processing
segment
consists
of
Aerofin
Corp.
(heat-exchange
coils),
Buffalo
Air
Handling
Co.
(air
handling
systems)
and
Buffalo
Pumps
Inc.
(centrifugal
pumps),
all
of
which
sell
to
a
variety
of
commercial
and
industrial
users.
The
Plastics
Processing
Machinery
segment
manufacturers
and
sells,
through
New
Castle
Industries,
Inc.,
feed
screws,
barrels,
chill
rolls
and
heat-transfer
rolls,
principally
to
the
plastics
processing
and
machinery
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AP
produces
finned
tube
heat
exchange
coils,
air
handling
systems,
pumps
for
construction,
power
generation,
refrigeration,
and
chemical
processing.
AP
also
produces
feed
screws,
barrels,
heat
transfer
and
chill
rolls
and
forged
hardened
steel
rolls.
For
the
six
months
ended
6/01,
net
sales
fell
5%
to
$112.8
million.
Net
loss
totalled
$3.5
million
vs.
an
income
of
$8.2
million.
Results
reflect
severe
economic
downturn
in
the
U.S.
and
U.K.
and
a
$7.3
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Louis Berkman, 92 Chairman | $439K | Robert Paul, 63 Pres,
CEO | 439K | Ernest Siddons, 67 COO,
Exec. VP, Director | 393K | Marliss Johnson, 36 VP,
Controller, Treasurer | -- | Rose Hoover, 45 VP,
Sec. | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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