| Business Summary | | LMI
Aerospace,
Inc.
is
engaged
in
fabricating,
machining,
finishing
and
integrating
formed,
close-tolerance
aluminum
and
specialty
alloy
components
for
use
by
the
aerospace
industry.
Since
its
inception,
the
Company
has
been
engaged
in
manufacturing
components
for
a
wide
variety
of
aerospace
applications.
Components
manufactured
by
the
Company
include
wing
slats,
flaps
and
lens
assemblies;
cockpit
window
frame
assemblies;
fuselage
skins
and
supports,
and
passenger
and
cargo
doorframes
and
supports.
In
addition
to
supplying
components,
the
Company
provides
its
customers
with
value-added
services,
including
engineered
tool
design,
production
and
repair;
heat
treating;
chemical
milling;
assembly,
and
metal-finishing
processes,
such
as
polishing
and
painting.
The
Company
maintains
multi-year
contracts
with
original
equipment
manufacturers
and
primary
subcontractors
of
commercial,
corporate,
regional
and
military
aircraft. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LMI
Aerospace,
Inc.
is
a
fabricator,
finisher
and
integrator
of
formed,
close
tolerance
aluminum
and
specialty
alloy
components
for
use
by
the
aerospace
industry.
For
the
six
months
ended
6/30/01,
net
sales
increased
24%
to
$35.2
million.
Net
income
before
accounting
change
totaled
$1.8
million
vs.
a
loss
of
$401
thousand.
Results
reflect
increased
sales
on
Boeing
commercial
aircraft,
the
acquisition
of
Tempco
and
higher
margins
due
to
lower
labor
and
fringes
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Burstein, 73 Chairman | -- | Ronald Saks, 57 Pres,
CEO, Director | $240K | Lawrence Dickinson, 41 CFO
and Sec. | -- | Tom Baker, 55 COO | 178K | Lawrence LeGrand, 50 Exec.
VP- Fin. and Acquisitions, Director | 225K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|