| Business Summary | | Minuteman
International,
Inc.
manufactures
and
distributes
a
complete
line
of
commercial
and
industrial
vacuums,
floor
and
carpet
care,
chemical
cleaning
and
coating
products
and
complementary
accessories
in
the
United
States
and
Canada.
Its
products
are
exported
to
countries
around
the
world.
The
Company
operates
primarily
in
one
business
segment
that
consists
of
the
development,
manufacture
and
marketing
of
commercial
and
industrial
floor
maintenance
equipment
and
related
products.
The
Company
sells
to
a
multitude
of
regional,
national
and
international
customers,
primarily
within
the
sanitary
supply
industry.
The
Company's
wholly
owned
subsidiaries
are
Multi-Clean,
Minuteman
PowerBoss,
Inc.,
Minuteman
Canada,
Inc.,
Minuteman
European
B.V.
and
Minuteman
International
Foreign
Sales
Corporation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Minuteman
International
Inc.
manufactures
and
distributes
commercial
and
industrial
vacuums,
floor/carpet
care
equipment,
and
chemical
cleaning
and
coating
products.
For
the
six
months
ended
6/30/01,
revenues
decreased
6%
to
$41.6
million.
Net
income
fell
23%
to
$1.5
million.
Revenues
reflect
reduced
demand
for
commercial
equipment
from
North
American
dealers.
Earnings
also
reflect
lower
gross
margins
and
decreased
interest
income. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gregory Rau, 41 Pres,
CEO, Chief Operating Officer, Director | $264K | Thomas Nolan, 46 CFO,
Sec., Treasurer, Director | 201K | Michael Rau, 40 VP
- Multi-Clean Division | 178K | Dean Theobold, 43 VP
- Manufacturing | 141K | 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
|
|