| Business Summary | | TransFinancial
Holdings,
Inc.
is
a
holding
company
that
operates
in
two
industry
segments,
financial
services
and
industrial
technology.
The
Company
discontinued
its
transportation
operations,
consisting
of
during
2000.
Crouse
Cartage
Company
and
Specialized
Transport,
Inc.,
the
Company's
transportation
subsidiaries,
ceased
operations
on
September
16,
2000
and
December
16,
2000,
respectively.
The
Company
operates
in
financial
services
primarily
through
its
subsidiary,
Universal
Premium
Acceptance
Corporation
(UPAC).
UPAC
is
engaged
in
the
business
of
financing
the
payment
of
insurance
premiums,
and
offers
financing
of
insurance
premiums
primarily
to
commercial
purchasers
of
property
and
casualty
insurance
that
wish
to
pay
their
insurance
premiums
on
an
installment
basis.
The
Company
operates
in
the
industrial
technology
segment
primarily
through
Presis,
L.L.C.,
which
is
a
start-up
business
involved
in
developing
technical
advances
in
dry-particle
processing. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TransFinancial
Holdings,
a
holding
company,
operates
in
two
industry
segments:
financial
services,
through
Universal
Premium
Acceptance
Corporation,
and
industrial
technology,
through
Presis,
LLC.
For
the
six
months
ended
6/30/01,
revenues
totaled
$7.5
million,
up
from
$3.2
million.
Net
income
from
cont'd.
operations
totaled
$832
thousand
vs.
a
loss
of
$1.3
million.
Results
reflect
increases
in
interest
spread
margins
and
the
non-recurring
decreases
in
borrowing
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| William Cox, 57 Chairman,
Pres, CEO | -- | Roy Laborde, 61 Vice
Chairman | -- | David Taggart, 56 Exec.
VP | $163K | Kurt Huffman, 42 Exec.
VP | 141K | Dollar
amounts are as of 31-Dec-1999 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
|
|