| Business Summary | | Genesis
Worldwide,
Inc.
operates
primarily
through
its
subsidiaries,
GenSystems
Inc.,
GenCoat
Inc.
and
GenInternational
Inc.
The
Company
engineers
and
manufactures
metal
coil
processing,
roll
coating
and
electrostatic
oiling
equipment
in
the
United
States
and
the
United
Kingdom.
The
Company
also
provides
mill
roll
reconditioning,
texturing
and
grinding
services
in
addition
to
its
rebuild,
repair
and
spare
parts
business.
GenSystems
Inc.
designs,
manufactures,
installs
and
services
a
broad
line
of
metal
coil
processing
equipment
under
the
names
Herr-Voss
and
Stamco.
GenCoat
has
three
product
lines,
which
include
roll
coaters
and
laminators,
electrostatic
oilers
and
coil
processing
equipment.
GenInternational
provides
similar
products
as
provided
by
GenSystems
Inc.
and
GenCoat,
and
markets
its
own
products
and
those
of
GenSystems
outside
of
North
America. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Genesis
Worldwide,
Inc.
designs
and
builds
machine
tool
equipment,
coil
processing
equipment
and
laminating
equipment.
For
the
three
months
ended
3/31/01,
revenues
fell
16%
to
$28.2
million.
Net
loss
from
continuing
operations
and
applicable
to
Common
rose
from
$1.8
million
to
$4
million.
Revenues
reflect
prolonged
slowdown
in
orders
for
the
Company's
capital
equipment.
Higher
loss
suffered
from
decreased
gross
margins
and
a
$1.2
million
loss
on
disposal
of
property. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
22,089;
after
tax
earnings
were
-6,995. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Richard Clemens, 50 Pres
and CEO | $262K | Alan Roehrig, 54 Pres
- GenCoat Inc. | 187K | Frederick Sharp, 46 Pres
of GenInternational Inc. | 167K | Karl Frydryk, 45 VP
and CFO | 134K | Timothy Gibson, 42 VP-HR | -- | 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
|
|