| Business Summary | | Goddard
Industries,
Inc.
is
engaged
primarily
in
the
design,
manufacture,
distribution
and
sale
of
valves
for
industrial
and
commercial
use.
The
Company's
Goddard
Valve
Corporation
subsidiary
designs,
manufactures
and
sells
cryogenic
gate,
globe
and
check
valves
and
control
devices
required
for
the
handling
of
liquefied
oxygen,
nitrogen,
liquefied
natural
gas,
and
other
liquefied
gases.
Goddard
Valve
distributes
its
cryogenic
valves
domestically
through
independent
sales
representatives,
as
well
as
selling
directly
to
customers
in
the
United
States,
Canada,
Europe
and
Asia.
In
November
2000,
the
Company
completed
the
acquisition
of
Mack
Valves
Pty
Ltd.
of
Melbourne,
Australia.
Mack
Valves
produces
a
range
of
cryogenic
valves,
and
a
range
of
water,
steam,
fire
service,
and
industrial
valves. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Goddard
Industries
is
engaged
in
the
design,
manufacture
and
sale
of
cryogenic
valves
for
industrial
and
commercial
use.
For
the
six
months
ended
3/31/01,
revenues
increased
71%
to
$3.4
million.
Net
loss
totaled
$53
thousand
vs.
an
income
of
$181
thousand.
Revenues
reflect
increase
orders
due
to
the
acquisition
of
Mack
Valves.
Net
loss
reflects
increased
operating
expenses
related
to
the
acquisition
of
Mack
Valves. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Saul Reck, 82 Chairman | -- | Salvatore Vinciguerra, 62 CEO,
Pres, Treasurer | $195K | Donald Nelson, 65 VP-
Engineering | 115K | 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
|
|