| Business Summary | | Insituform
East,
Inc.
is
engaged
in
the
business
of
rehabilitating
underground
sewers
and
other
pipelines
principally
using
cured-in-place
pipe
(CIPP)
processes,
with
primary
revenues
generating
from
the
Company's
Insituform
process
product
line.
Between
1982
and
1986,
the
Company
added
western
Pennsylvania,
Ohio,
three
Kentucky
counties
and
West
Virginia
to
its
original
Insituform
process
licensed
territory
of
Maryland,
Virginia,
the
District
of
Columbia,
Delaware
and
eastern
Pennsylvania.
The
trenchless
rehabilitation
of
underground
sewers
and
other
pipelines
is
principally
done
using
CIPP
rehabilitation
processes
to
produce
a
shape-conforming
"pipe
within
a
pipe." | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Insituform
East
is
engaged
in
the
rehabilitation
of
underground
sewers
and
other
pipelines
using
its
patented
process.
For
the
nine
months
ended
3/31/01,
sales
increased
10%
to
$18.4
million.
Net
loss
decreased
66%
to
$842
thousand.
Revenues
reflect
a
higher
volume
of
larger
diameter
work
performed.
Lower
loss
reflects
decreased
cost
of
sales
as
a
percentage
of
revenues
due
to
reduced
semi-fixed
operating
costs,
and
decreased
S/G/A
expenses
due
to
cost
reduction
programs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George Erikson, 58 Chairman
and Gen. Counsel | $227K | Robert Erikson, 55 Pres,
Vice Chairman | 224K | Raymond Verrey, 54 CFO,
Chief Accounting Officer, VP, Treasurer | 109K | Gregory Laszczynski, 46 VP-Operations | 145K | John Mulhall, 54 VP
of Sales and Marketing | 132K | Dollar amounts are as of 30-June-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
|
|