| Business Summary | | Webco
Industries,
Inc.
is
a
specialty
manufacturer
of
high-quality
carbon
and
stainless
steel
tubing
products
designed
to
industry
and
customer
specifications.
Webco's
tubing
products
consist
primarily
of:
heat
exchanger
tubing,
carbon
steel
boiler
tubing,
stainless
steel
tube
and
pipe,
and
specialty
carbon
steel
mechanical
tubing
for
use
in
consumer
durable
and
capital
goods.
The
Company's
wholly-owned
subsidiary,
Phillips
&
Johnston,
Inc.,
represents
several
manufacturers
who
produce
various
non-competing
mechanical
and
specialty
tubular
products
made
from
copper,
brass,
aluminum,
stainless
and
carbon
steel,
among
others.
Through
its
QuikWater
division,
the
Company
markets
a
patented
direct
contact
water
heater
for
commercial
and
industrial
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Webco
Industries,
Inc.
is
a
specialty
manufacturer
of
high-quality
carbon
and
stainless
steel
tubing
products
designed
to
industry
and
customer
specifications.
WEB
also
produces
and
markets
the
QuikWater
water
heater.
For
the
nine
months
ended
4/30/01,
net
sales
rose
6%
to
$110.3
million.
Net
loss
totaled
$2.2
million
vs.
an
income
of
$315
thousand.
Results
reflect
increased
revenues
from
the
QuikWater
product,
offset
by
lower
margins
due
to
industry-wide
pricing
pressure. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| F. William Weber, 74 Chairman
and CEO | $423K | Dana Weber, 43 Vice
Chairman, Pres and COO | 264K | Michael Howard, 37 CFO,
VP of Fin. and Admin., Treasurer | 115K | H. Lee Beard, 58 CIO
and VP - Management Systems | -- | David Boyer, 41 VP
of Sales and Marketing, Sec. | 116K | Dollar amounts are as of 31-July-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
|
|