| Business Summary | | Reconditioned
Systems
(RSI)
remanufactures
and
markets
modular
office
workstations
consisting
of
panels,
work
surfaces,
file
drawers,
book
and
binder
storage
and
integrated
electrical
components
(workstations).
The
Company
specializes
in
remanufacturing
and
marketing
workstations
originally
manufactured
by
Haworth
Inc.
RSI
purchases
used
workstations
from
manufacturers,
dealers,
brokers,
and
end-users
throughout
the
United
States
through
competitive
bids
or
directly
negotiated
transactions.
After
purchasing
used
workstations,
the
Company
transports
them
to
its
manufacturing
facility
in
Tempe,
Arizona
where
it
disassembles
and
inventories
the
workstations
by
component
parts,
stores
and,
upon
receipt
of
purchase
orders,
reconditions
and
reassembles
the
workstations.
The
Company
sells
the
remanufactured
workstations
throughout
the
United
States
to
dealers
and
end-users. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Reconditioned
Systems
reconditions
and
markets
modular
office
workstations
consisting
of
panels,
work
surfaces,
file
drawers,
book
and
binder
storage
and
integrated
electrical
components.
For
the
three
months
ended
6/30/01,
sales
decreased
37%
to
$2.2
million.
Net
income
fell
91%
to
$18
thousand.
Results
reflect
lower
wholesale
sales
due
to
weakness
in
the
U.S.
economy,
particularly
in
the
high-tech
industry,
and
increased
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2001 Pay | |
| Dirk Anderson, 37 Pres,
CEO, Director | $161K | Dollar amounts are as of 31-Mar-2001 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
|
|