| Business Summary | | Oglebay
Norton
Company
mines,
processes,
transports
and
markets
industrial
minerals
and
enjoys
significant
market
share
in
each
of
its
business
segments.
Each
business
segment
consists
of
one
or
more
subsidiaries.
The
Company
serves
a
broad
customer
base
primarily
in
four
major
categories:
Building
Products,
Energy,
Environmental
and
Industrial.
The
Company
mines
and
processes
limestone
and
manufactures
lime
at
11
operations
through
its
Lime
and
Limestone
business
segment;
mines
and
processes
industrial
sands
and
coal
and
copper
slag
at
nine
operations;
through
its
Industrial
Sands
business
segment;
and
operates
a
fleet
of
twelve
self-unloading
vessels
on
the
Great
Lakes,
transporting
iron
ore,
coal,
limestone
and
other
dry
bulk
cargo
between
United
States
ports
through
its
Marine
Services
business
segment.
In
addition,
the
Company
mines
and
processes
mica
and
related
minerals
at
operations
in
North
Carolina
and
New
Mexico. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | OGLE
mines,
processes,
transports
and
markets
industrial
minerals,
primarily
lime,
industrial
sands
and
copper
slag,
serving
customers
in
the
steel,
electric
utility,
construction,
oil
drilling
and
chemical
industries.
For
the
six
months
ended
6/30/01,
revenues
rose
8%
to
$185.3
million.
Net
loss
totaled
$8.1
million
vs.
an
income
of
$3.7
million.
Results
reflect
growth
in
the
Performance
Minerals
segment,
offset
by
lower
gross
margins
and
$4.1
million
in
early
retirement
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Lauer, 61 Pres,
Chairman, CEO | $250K | Michael Biehl, 44 VP
of Fin. and Treasurer | -- | David Kelsey, 49 VP,
CFO | 380K | Rochelle Walk, 39 VP
and Sec. | -- | Ronald Compiseno, 48 VP
of 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
|
|