| Business Summary | | A.
M.
Castle
&
Co.
is
a
metals
service
center
company.
The
Company
provides
a
complete
range
of
inventories
as
well
as
preprocessing
services
to
a
wide
variety
of
customers.
The
Company's
business
activities
fall
into
one
identifiable
core
business
segment
as
approximately
91%
of
all
revenues
are
derived
from
the
distribution
of
its
specialty
metals
products.
These
products
are
purchased,
warehoused,
processed
and
sold
using
essentially
the
same
systems,
facilities,
sales
force
and
distribution
network.
Since
1998,
sales
mix
of
the
Company's
core
business
came
from
Carbon
and
Stainless
and
Non-Ferrous
Metals.
These
metals
are
inventoried
in
many
forms,
including
round,
hexagon,
square
and
flat
bars;
plates;
tubing;
shapes,
and
sheet
and
coil. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CAS
is
an
industrial
distributor
of
specialty
metals
such
as
carbon,
alloy
and
stainless
steels,
aluminum,
nickel
alloy,
titanium,
copper
and
brass.
CAS
also
distributes
a
broad
range
of
industrial
plastics.
For
the
six
months
ended
6/30/01,
net
sales
fell
12%
to
$342.2
million.
Net
income
fell
86%
to
$930
thousand.
Revenues
reflect
the
general
slowdown
in
the
manufacturing
sector
and
a
decrease
in
tons
sold.
Net
income
also
reflects
lower
operating
margins
and
higher
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Simpson, 62 Chairman | $234K | G. Thomas McKane, 56 Pres,
CEO, Director | 1.7M | M. Bruce Herron, 55 Exec.
VP, COO | 250K | Henry Winters, 59 VP-Operations | -- | Edward Culliton, 59 VP,
CFO | 223K | 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
|
|