| Business Summary | | Universal
Stainless
&
Alloy
Products
Inc.
(USAP)
manufactures
and
markets
semi-finished
and
finished
specialty
steel
products,
including
stainless
steel,
tool
steel
and
certain
other
alloyed
steels.
The
Company's
manufacturing
process
involves
melting,
remelting,
treating
and
hot
and
cold
rolling
of
semi-finished
and
finished
specialty
steels.
The
Company's
products
are
sold
to
rerollers,
forgers,
service
centers
and
original
equipment
manufacturers.
The
Company's
customers
further
process
its
products
for
use
primarily
in
the
power
generation,
aerospace,
petrochemical
and
heavy
equipment
manufacturing
industries.
USAP
also
performs
conversion
services
on
materials
supplied
by
customers
that
lack
certain
of
the
Company's
production
facilities
or
that
are
subject
to
their
own
capacity
constraints. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | USAP
manufactures
and
markets
semi-finished
and
finished
specialty
steel
products,
including
stainless
steel,
tool
steel
and
certain
other
alloyed
steels.
For
the
six
months
ended
6/30/01,
net
sales
rose
25%
to
$45.5
million.
Net
income
before
accounting
change
rose
95%
to
$3.4
million.
Revenues
reflect
increased
shipments
to
the
forging
and
OEM
markets.
Net
income
also
reflects
improved
gross
and
operating
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Clarence McAninch, 65 Pres
and CEO | $318K | Richard Ubinger, 41 CFO,
Principal Accounting Officer, Assistant Sec. and Treasurer | 172K | Paul McGrath, 49 Director
of Employee Relations, Gen. Counsel and Sec. | 161K | 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
|
|