| Business Summary | | Huntco,
Inc.
is
engaged
in
the
steel
processing
business
through
its
wholly
owned
subsidiary,
Huntco
Steel,
Inc.,
which
is
a
major
intermediate
steel
processor,
specializing
in
the
processing
of
flat
rolled
carbon
steel
to
specified
close
tolerances.
The
Company's
primary
processed
products
include
hot
rolled,
hot
rolled
pickled
and
oiled,
hot
rolled
tempered
and
cold
rolled
steel,
which
is
cut-to-length
into
sheets,
plates,
or
custom
blanks;
slit;
or
in
the
case
of
pickled
and
oiled,
tempered
and
cold
rolled
products,
sold
as
master
coils.
Through
another
wholly
owned
subsidiary,
and
Midwest
Products,
Inc.,
the
Company
is
a
manufacturer
of
portable
compressed
air
vessels
for
sale
through
mass
merchandisers
and
to
manufacturers
of
air
compressors;
and
compressed
air
cylinders
for
use
in
tractor-trailer
brake
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Huntco,
Inc.,
through
Huntco
Steel,
Inc.,
processes
flat
rolled
carbon
steel
tospecified
close
tolerances
and
manufactures
portable
compressed
air
vessels
and
air
cylinders
for
tractor-trailer
brake
systems.
For
the
six
months
ended
6/30/01,
sales
fell
38%
to
$102.1
million.
Net
loss
applicable
to
Common
totalled
$10
million,
up
from
$695
thousand.
Results
reflect
decreased
shipping
volume
and
selling
price
as
well
as
the
underutilization
of
the
cold
rolling
operation. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| B. Hunter, 71 Chairman | $380K | Robert Marischen, 48 Vice
Chairman, Pres, CEO | 380K | Thomas Hunt CFO, VP, Treasurer, Sec. | -- | 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
|
|