| Business Summary | | Chase
Industries,
Inc.,
through
its
wholly
owned
subsidiary
Chase
Brass
&
Copper
Company,
Inc.
(CBCC),
is
a
manufacturer
of
free-machining
and
forging
brass
rod.
CBCC
is
an
ISO
9002-certified
manufacturer
and
supplier
of
free-machining
and
forging
brass
rod
in
the
United
States
and
Canada.
Free-machining
and
forging
brass
rod
are
the
two
primary
types
of
copper
alloy
rod
used
in
the
United
States
and
Canada.
CBCC's
customer
base
of
more
than
250
companies
uses
its
Blue
Dot
brass
rod
to
produce
a
variety
of
products,
such
as
faucets,
plumbing
fittings,
heating
and
air
conditioning
components,
industrial
valves,
automotive
parts
and
numerous
hardware
components. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Chase
Industries,
Inc.,
through
its
subsidiary
Chase
Brass
and
Copper
Company,
Inc.
(CBCC),
manufactures
free-machining
and
forging
brass
rod.
For
the
six
months
ended
6/30/01,
sales
decreased
21%
to
$123.1
million.
Net
income
from
continuing
operations
decreased
63%
to
$4.1
million.
Revenues
reflect
a
decline
in
brass
rod
shipments
and
prices.
Earnings
also
suffered
from
lower
profit
margins,
and
$3.5
million
in
expenses
related
to
tender
offer. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Steadman, 51 Pres,
CEO | $378K | Michael Segraves, 56 CFO,
VP and Sec. | 293K | 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
|
|