| Business Summary | | MPM
Technologies,
Inc.
has
four
wholly
owned
subsidiaries,
Huntington
Environmental
Systems,
Inc.
(HES),
AirPol,
Inc.
(AirPol),
Nupower,
Inc.
(Nupower)
and
MPM
Mining
(Mining).
During
2000,
HES
and
AirPol
were
the
only
revenue
generating
entities.
HES
and
AirPol
operate
in
the
air
pollution
control
industry.
They
sell
air
pollution
control
systems
to
Fortune
500
and
other
industrial
companies.
MPM
continues
its
efforts
in
the
development
of
a
waste-to-energy
process
known
as
Skygas.
These
efforts
are
largely
through
MPM's
participation
in
Nupower
Partnership,
in
which
MPM
has
a
58.21%
interest
through
its
ownership
of
Nupower.
Mining's
operations
have
been
discontinued
at
the
direction
of
MPM's
board
of
directors
and
will
be
sold. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MPM
Technologies,
Inc.,
a
holding
company,
operates
in
air
pollution
control
industry.
MPML
is
also
engaged
in
the
development
of
a
waste
to
energy
process
known
as
Skygas.
For
the
six
months
ended
6/30/01,
revenues
increased
38%
to
$10.6
million.
Net
income
totaled
$57
thousand
vs.
a
loss
of
$909
thousand.
Revenues
reflect
continued
work
by
Airpol
at
its
job
in
Utah.
Net
income
also
reflects
the
cost
savings
from
staff
reduction. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Luciano, 47 Chairman,
Interim Pres, CEO | $25K | Glen Hjort, 48 CFO | -- | Robert Treistman COO | -- | Richard Appleby, 60 VP,
Director | -- | Myron Katz, 70 VP | -- | 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
|
|