| Business Summary | | Geneva
Steel
Holdings
Corp.
is
the
successor
to
Geneva
Steel
Company,
and
its
subsidiaries
own
and
operate
an
integrated
steel
mill
in
the
western
United
States.
The
Company's
products,
which
include
flat
and
coiled
plate,
sheet,
pipe
and
slab,
are
used
by
a
wide
variety
of
industries,
including
the
oil
and
gas,
shipping
and
construction
industries.
The
Company
has
a
total
annual
production
capacity
of
approximately
2.2
million
tons. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Geneva
Steel
Holdings
Corp.,
through
its
subsid.,
Geneva
Steel
Company
LLC,
owns
and
operates
an
integrated
steel
mill
in
the
western
United
States.
For
the
three
months
ended
12/31/00,
net
sales
decreased
11%
to
$112.2
million.
Net
loss
applicable
to
Common
before
extraordinary
item
totalled
$32.5
million
vs.
an
income
of
$1.6
million.
Revenues
reflect
decreased
shipped
tonnage
of
sheet
and
pipe
products.
Higher
loss
reflects
retention
payments
accrued. Recent Earnings Announcement For
the
3
months
ended
03/31/2001,
revenues
were
98,518;
after
tax
earnings
were
-30,727. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Cannon, 51 Chairman | $544K | Ken Johnsen, 42 Pres,
CEO, Director | 314K | Dennis Wanlass, 51 CFO,
VP | 230K | Stephen Bunker VP-Fin.,
Treasurer | -- | Timothy Clark Ph.D, 36 VP-Operations
and Customer Service | 163K | Dollar amounts are as of 30-Sep-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
|
|