| Business Summary | | Lexington
Precision
Corporation
manufactures
engineered
rubber
and
metal
components.
The
Company
has
two
operating
segments,
the
Rubber
Group
and
the
Metals
Group.
The
Rubber
Group
produces
seals
used
in
automotive
wiring
systems,
insulators
for
automotive
ignition
wire
sets,
components
for
medical
devices
and
molds
used
to
produce
components
for
the
Company's
customers.
The
Metals
Group
manufactures
aluminum
die
castings
and
machines
components
from
aluminum,
brass
and
steel
bars
for
sale
primarily
to
automotive
suppliers,
industrial
equipment
manufacturers
and
manufacturers
of
computer
and
office
equipment.
The
Company
conducts
substantially
all
of
its
business
in
the
continental
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LEXP,
through
its
two
segments,
manufactures,
to
customer
specifications,
rubber
and
metal
component
parts
used
by
manufacturers
of
automobiles,
automotive
replacement
parts,
industrial
equipment,
and
medical
devices.
For
the
three
months
ended
3/31/01,
revenues
fell
8%
to
$34.6
million.
Net
loss
applicable
to
Com.
totaled
$381
thousand
vs.
an
income
of
$245
thousand.
Results
reflect
lower
unit
sales
of
connector
seals,
and
lower
gross
margin
due
to
higher
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Lubin, 51 Chairman | $263K | Warren Delano, 50 Pres | 263K | Dennis Welhouse, 52 CFO,
Sr. VP, Assistant Sec. | 181K | James Bower Treasurer | -- | Kenneth Greenstein, 71 Sec.,
Director | -- | 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
|
|