| Business Summary | | InfraCor
Inc.
(INFC)
is
a
technology-based
firm
that
historically
has
provided
both
environmental
and
construction
products
and
services.
During
the
second
half
of
fiscal
1998,
INFC
made
a
decision
to
focus
on
its
construction
lines
of
business
and
to
de-emphasize
its
environmental
products
and
services.
Specifically,
INFC
is
directing
its
efforts
to
the
development
and
growth
of
its
existing
underground
infrastructure
products
and
services
related
to
the
installation
and
rehabilitation
of
subsurface
pipelines
using
trenchless
technologies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | INFC
provides
environmental
and
construction
products
and
services,
emphasizing
the
contruction
line
of
business
by
installing
and
rehabilitating
subsurface
pipelines.
For
the
three
months
ended
6/30/01,
revenues
fell
24%
to
$4.9
million.
Net
income
fell
74%
to
$11
thousand.
Revenues
reflect
a
slow-down
in
the
construction
and
rehabilitation
activities
due
to
the
weak
economic
condition.
Earnings
also
suffered
from
increased
interest
expenses
for
debt
and
capital
leases. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| James Quarles, 48 Chairman,
Pres and CEO | $170K | Navin Sheth, 54 CFO | 170K | Coleman Lyttle, 47 Director
and Pres of ICVA | -- | Warren Beam, Jr., 44 Sec. | -- | Dollar
amounts are as of 31-Mar-2001 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
|
|