| Business Summary | | Flowserve
Corporation
is
among
the
largest
manufacturers
and
aftermarket
service
providers
of
comprehensive
flow
control
systems
throughout
the
world.
Flowserve
develops
and
manufactures
precision-engineered
flow
control
equipment
for
critical
service
applications
where
high
reliability
is
required.
The
flow
control
system
components
the
Company
produces
include
pumps,
valves
and
mechanical
seals.
The
Company's
products
and
services
are
used
in
several
industries,
including
petroleum,
chemical,
power
generation
and
water
treatment.
Flowserve
conducts
its
operations
through
three
segments
that
comprise
its
primary
product
types:
Pump
Division,
which
supplies
engineered
pumps;
Flow
Solutions
Division,
which
supplies
valves
and
related
products;
and
Flow
Control
Division,
through
which
the
Company
provides
mechanical
seals
and
aftermarket
services.
Through
each
of
its
segments,
the
Company
also
provides
aftermarket
replacement
parts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Flowserve
designs,
manufactures,
distributes
and
services
industrial
flow
management
equipment
such
as
pumps,
valves
and
mechanical
seals.
For
the
six
months
ended
6/30/01,
revenues
rose
55%
to
$908.6
million.
Net
loss
totaled
$6
million
vs
an
income
of
$24.5
million.
Revenues
reflect
the
inclusion
of
a
portion
of
Ingersoll-Dressir
Pump's
service
repair
business.
Earnings
were
offset
by
the
temporary
inefficiencies
related
to
the
integration
of
IDP. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| C. Scott Greer, 50 Chairman,
Pres, CEO | $1.2M | -- | Renee Hornbaker, 48 CFO,
VP | 508K | -- | Rory MacDowell, 50 VP,
CIO | -- | -- | Kathleen Giddings, 38 VP,
Controller | -- | -- | Ronald Shuff, 48 VP,
Sec., Gen. Counsel | 366K | $74K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|