| Business Summary | | Intermagnetics
General
Corporation
is
a
developer
and
manufacturer
of
superconducting
materials,
electromagnetic
components
and
cryogenic
refrigeration
systems.
The
Company
designs,
develops,
manufactures
and
sells
products
in
four
segments.
The
Electromagnetics
segment
includes
LTS
(low
temperature
conducting
superconductors)
magnets
manufactured
and
sold
by
the
IGC-Magnet
Business
Group,
and
radio
frequency
coils
manufactured
and
sold
by
IGC-Medical
Advances,
Inc.
The
Refrigeration
segment
includes:
IGC-APD
Cryogenics,
Inc.
and
IGC-Polycold
Systems,
Inc.,
which
manufacture
and
sell
low
and
very
low
temperature
refrigeration
equipment.
The
LTS
Materials
Segment
provides
LTS
wire
and
cable
through
the
IGC-Advanced
Superconductors
division.
The
Energy
Technology
Segment
consists
of
the
design
and
manufacture
of
high
temperature
superconducting
material
by
IGC-SuperPower,
LLC. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IMGC
is
engaged
in
the
manufacture
and
sale
of
magnets,
superconductive
materials,
permanent
magnets
and
radio
frequency
coils
used
mainly
in
magnetic
resonance
imaging,
and
the
manufacture
of
cryogenic
refrigeration
equipment.
For
the
fiscal
year
ended
5/27/01,
net
sales
rose
23%
to
$138.2
million.
Net
income
rose
72%
to
$11.1
million.
Results
reflect
demand
in
the
MRI
and
Instrumentation
segments.
Net
income
also
benefited
from
improved
gross
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Carl Rosner, 71 Chairman
of Directors | -- | Glenn Epstein, 42 Pres,
CEO, Chief Operating Officer | $348K | Michael Zeigler, 54 Sr.
VP-Fin. and CFO | 202K | Leo Blecher, 54 VP,
Gen. Mang. - IGC Magnet Bus. Group | 202K | David Dedman, 46 VP
and Gen. Mang. IGC APD Cryogenics, Inc. | 181K | Dollar
amounts are as of 28-May-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
|
|