| Business Summary | | Global
Power
Equipment
Group
Inc.
is
a
global
designer,
engineer
and
manufacturer
of
a
comprehensive
portfolio
of
equipment
for
gas
turbine
power
plants
The
Company's
equipment
is
installed
in
power
plants
in
more
than
30
countries
on
six
continents.
In
addition,
the
Company
provides
its
customers
with
value-added
services
including
engineering,
retrofit
and
upgrade,
and
maintenance
and
repair.
The
Company
sells
its
products
to
the
gas
turbine
power
generation
market.
Its
products
are
critical
to
the
efficient
operation
of
gas
turbine
power
plants
and
are
highly
engineered
to
meet
customer-specific
requirements.
The
Company's
products
include
heat
recovery
steam
generators,
filter
houses,
inlet
systems,
gas
and
steam
turbine
enclosures,
exhaust
systems,
diverter
dampers
and
specialty
boilers
and
related
products.
The
Company
markets
and
sells
its
products
globally
under
the
Deltak,
Braden
and
Consolidated
Fabricators
brand
names
through
its
worldwide
sales
network. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Global
Power
Equipment
is
a
designer,
engineer
and
manufacturer
of
equipment
for
gas
turbine
power
plants.
For
the
26
weeks
ended
6/01,
revenues
rose
61%
to
$327.6
million.
Net
income
applicable
to
Common
before
extraordinary
item
totaled
$106.3
million,
up
from
$21.3
million.
Revenues
reflect
larger
multiple
unit
orders
for
heat
recovery
steam
generators
and
an
increase
in
the
volume
of
auxiliary
power
equipment
products
sold.
Net
income
also
reflects
an
$88
million
income
tax
benefit. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Stephen Eisenstein, 39 | Chairman | Larry Edwards, 51 | Pres,
CEO, Director | Michael Hackner, 53 | CFO,
VP-Fin. | Gary Obermiller, 52 | Sr.
VP and Pres, Deltak | Gene Schockemoehl, 51 | Sr.
VP and Pres, Braden |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|