| Business Summary | | Quality
Products,
Inc.
is
a
holding
company
whose
sole
operating
subsidiary,
QPI
Multipress,
Inc.,
is
a
manufacturer
of
hydraulic
presses
and
accessories.
Multipress
manufactures
industrial
hydraulic
bench
presses,
floor
presses
(together,
Multipresses)
and
accessories
used
with
Multipresses.
The
Company
is
a
producer
of
industrial
hydraulic
"C"
frame
presses.
Multipresses
are
used
in
a
variety
of
industries,
including
automotive,
appliance,
abrasive
materials,
electrical
and
food
compaction
industries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Quality
Products,
Inc.,
is
a
holding
company
and
has
only
one
subsidiary.
The
Company's
sole
operating
subsidiary
is
OPI
Multipress,
Inc,
a
manufacturer
of
hydraulic
presses
and
accessories.
For
the
nine
months
ended
6/30/01,
revenues
rose
16%
to
$6.2
million.
Net
income
fell
17%
to
$561
thousand.
Revenues
reflect
the
acquisition
of
Columbus
Jack
Corporation.
Earnings
were
offest
by
acquisition
related
amortization
charges
and
higher
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Bruce Weaver, 40 Pres | $98K | Tac Kensler, 33 CFO | -- | Theodore Schwartz, 63 Pres
of QPI Multipress, Inc. | 159K | 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
|
|