| Business Summary | | Axsys
Technologies,
Inc.
is
a
designer
and
manufacturer
of
high-performance
custom
nano-positioning
components
and
subsystems.
The
Company
also
designs
and
manufactures
optical
components
for
internal
consumption,
as
well
as
for
sales
to
third
parties,
and
distributes
ball
bearings
for
use
in
a
variety
of
applications.
These
products
are
sold
to
original
equipment
manufacturers
(OEMs)
serving
the
aerospace
and
defense;
semiconductor,
data
storage
and
related
capital
equipment;
graphic
art
capital
equipment,
and
industrial
automation
OEM
and
maintenance
repair
operations
(MROs)
markets.
The
Company
designs
and
manufactures
test
equipment
used
in
the
data
storage
industry.
Axsys
also
began
designing
and
manufacturing
subsystems
and
automated
production
and
test
systems
that
are
sold
to
end
users
that
manufacture
fiber-optics/photonic,
semiconductor
and
other
components.
The
Company
is
organized
into
three
groups,
Precision
Components
Group
Automation
Group
and
Distributed
Products
Group. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Axsys
Technologies,
Inc.
designs,
manufactures,
and
sells
custom
micro
positioning
and
precision
optical
components,
sub-systems
and
systems
for
high
performance
markets.
For
the
six
months
ended
6/30/01,
net
sales
rose
9%
to
$47.6
million.
Net
loss
from
continuing
operations
rose
54%
to
$6.8
million.
Revenues
reflect
increased
shipments
of
fiber
optic
automation
systems.
Loss
reflects
increased
cost
of
sales
due
to
excess
inventory. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stephen Bershad, 59 Chairman
and CEO | $383K | Mark Bonney, 47 Pres,
COO, Director | 298K | John Hanley, 44 CFO,
VP, Sec., Treasurer | 170K | John Clark, 42 VP-Operations | 233K | Thomas Curtin, Jr., 44 VP
of HR | -- | 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
|
|