| Business Summary | | Jetronic
Industries,
Inc.
designs,
develops,
manufactures,
distributes
and
sells
energy
conversion
equipment,
specialized
computer
subsystem
enclosures
and
electronic
communication
devices
for
commercial
and
government
use
through
its
Electronics
and
Transchem
divisions,
the
Redco
subsidiary
and
Redco's
Power
Systems
Group
division.
The
Electronics
Division
designs
and
manufactures
digital
data
control
terminals.
The
Transchem
Division
group
manufactures
and
markets
precision
solid
state
power
supplies
for
the
aircraft
and
aerospace
industries.
Redco,
Inc.
manufactures
and
markets
paralleling
and
non-paralleling
electrical
switchgear
and
control
systems,
as
well
as
the
metal
enclosures
in
which
the
equipment
is
housed.
Redco,
Inc.
supplies
standardized
control
panels
to
domestic
engine
manufacturers
and
designs,
builds
and
installs
complex
cogeneration
control
systems.
Power
Systems
Group
designs
and
manufactures
custom
ruggedized
enclosures
and
sells
ruggedized
laptop
computers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | JETN
designes,
manufactures
and
markets
energy
conversion
equipment,
specialized
computer
subsystem
enclosures
and
electrical
communication
devices.
For
the
fiscal
year
ended
1/31/00,
revenues
rose
12%
to
$25.2
million.
Net
loss
totaled
$5.2
million,
vs
a
gain
of
$718
thousand.
Revenues
reflect
increase
from
switchgear
business.
Earnings
were
offset
by
declined
margin,
substantial
unreimbursed
cost
incurrence
for
rework
and
redesign
as
well
as
inventory
write-offs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998 Pay | |
| Daniel Kursman, 73 Chairman,
Treasurer | $107K | Peter Kursman, 46 Pres | 309K | Leonard Pietrzak, 59 VP
- Fin. | 122K | Dollar amounts are as of 31-Jan-1999 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
|
|