| Business Summary | | Burke
Mills,
Inc.
is
engaged
in
the
texturing,
winding,
dyeing,
processing
and
selling
of
filament,
novelty
and
spun
yarns,
and
in
the
dyeing
and
processing
of
these
yarns
for
others
on
a
commission
basis.
The
principal
markets
served
by
the
Company
are
apparel,
upholstery
and
industrial
uses
throughout
the
knitting
and
weaving
industry.
The
Company
markets
its
products
throughout
the
United
States,
Caribbean
Basin,
Mexico
and
Canada,
with
the
bulk
of
the
business
being
primarily
in
the
eastern
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BMLS
is
engaged
in
the
twisting,
texturing,
winding,
dyeing,
processing
and
selling
of
filament,
novelty
and
spun,
yarns
and
in
the
dyeing
and
processing
of
these
yarns
for
others
on
a
commission
basis.
For
the
26
weeks
ended
6/30/01,
net
sales
fell
8%
to
$19.8
million.
Net
income
totalled
$107
thousand
vs.
a
loss
of
$254
thousand.
Revenues
reflect
a
decline
in
pounds
shipped
due
to
lower
customer
demand.
Earnings
reflect
the
absence
of
bad
debt
expense
and
decreased
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Humayun Shaikh, 58 Chairman,
CEO | $210K | Thomas Nail, 53 Pres,
COO, Director | 133K | Richard Byers, 62 Exec.
VP | 102K | William Singleton, 51 VP
of Manufacturing | -- | Pender McElroy, 60 Sec. | -- | Dollar
amounts are as of 30-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
|
|