| Business Summary | | Torque
Engineering
Corporation
has
developed
and
is
now
manufacturing
and
marketing
the
Torque
V-12,
a
high-powered,
12-cylinder,
14
liter/860
cubic
inch
V-12
aluminum
marine
engine.
The
engine
has
a
broad
torque
band,
which
allows
the
Torque
V-12
to
generate
significant
power
at
low
throttle
settings,
thus
providing
for
greater
fuel
economy.
The
Torque
V-12
is
designed
for
installation
in
luxury
marine
pleasure
craft.
Torque
Engineering
offers
the
Torque
V-12
in
three
models:
the
TORQ
1000,
a
900-horsepower
engine
with
1050
foot-pounds
of
torque;
the
TORQ
1100,
a
1,050-horsepower
engine
with
1100
foot-pounds
of
torque;
and
the
TORQ
1200,
a
1,150-horsepower
engine
with
1150
foot-pounds
of
torque.
The
Torque
V-12
is
an
all-aluminum,
electronically
fuel-injected
engine
designed
to
run
on
premium
gasoline.
The
engine
has
a
broad
torque
band
that
allows
the
Torque
V-12
to
generate
significant
power
at
low
throttle
settings,
thus
providing
for
greater
fuel
economy. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Torque
Engineering
Corp.
designs
and
manufactures
high-performance
offshore
marine
performance
production
engines.
The
Company
currently
offers
the
Torque
V-12
in
three
models:
the
TORQ
1000,
the
TORQ
1100
and
the
TORQ
1200.
For
the
six
months
ended
6/30/01,
sales
totaled
$346
thousand,
up
from
$9
thousand.
Net
loss
increased
5%
to
$1.3
million.
Results
reflect
the
sale
of
three
engines
and
various
parts,
offset
by
increased
stock-based
compensation
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Richard Wedel, 52 Chairman,
CEO | $10K | Raymond Wedel, Jr., 58 Pres,
Director | -- | Michael Bennett COO | -- | I. Paul Arcuri, 45 VP,
CFO, Director | -- | Donald Christensen, 69 Sec.,
Director | -- | 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
|
|