| Business Summary | | Federal-Mogul
Corporation
is
an
automotive
parts
manufacturer
providing
solutions
and
systems
to
global
customers
in
the
automotive,
small-engine,
heavy-duty
and
industrial
markets.
The
Company
manufactures
engine
bearings,
pistons,
piston
pins,
rings,
cylinder
liners,
camshafts,
sintered
products,
sealing
systems,
fuel
systems,
wipers,
lighting,
ignition,
brake,
friction
and
chassis
products.
Federal-Mogul's
principal
customers
include
many
of
the
world's
original
equipment
manufacturers
(OEMs)
of
such
vehicles
and
industrial
products.
The
Company
also
manufactures
and
supplies
its
products
and
related
parts
to
the
aftermarket.
Federal-Mogul
maintains
technical
centers
in
Europe
and
North
America
to
develop
and
provide
advanced
materials,
products
and
manufacturing
processes
for
all
of
its
manufacturing
units,
and
intends
to
expand
the
global
reach
of
its
manufacturing
operations
to
follow
the
expansion
of
OEMs
into
South
America,
Eastern
Europe
and
the
Asian
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Federal-Mogul
Corp.
is
a
manufacturer
and
distributor
of
precision
parts,
primarily
vehicular
components
for
automobiles
and
trucks,
farm
and
construction
vehicles
and
industrial
products.
For
the
six
months
ended
6/30/01,
net
sales
fell
11%
to
$2.88
billion.
Net
loss
applicable
to
Common
before
extraordinary
items
totalled
$96.8
million,
vs.
income
of
$62.8
million.
Revenues
reflect
weak
North
American
vehicle
production.
Loss
reflects
changes
in
the
OE/aftermarket
mix. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Robert Miller, Jr., 59 | Chairman | Frank Macher, 60 | CEO,
Director | Charles McClure, 47 | Pres,
COO | Rene Dalleur, 48 | Sr.
VP, Global Friction Products | Robert Bertsch | VP,
Manufacturing Support |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|