| Business Summary | | Superior
Industries
International,
Inc.
is
principally
engaged
in
the
design
and
manufacture
of
motor
vehicle
parts
and
accessories
for
sale
to
original
equipment
manufacturers
and
the
automotive
aftermarket.
Its
primary
products
are
vehicle
aluminum
road
wheels
for
the
domestic
and
international
OEMs
in
the
automobile
industry.
Its
new
production
line
for
aluminum
suspension
and
related
underbody
components
will
begin
to
ship
parts
to
its
OEM
customers
during
2001.
The
Company's
OEM
aluminum
road
wheels
are
sold
for
factory
installation
as
optional
or
standard
equipment
on
selected
vehicle
models.
Customers
include
Ford,
General
Motors,
DaimlerChrysler,
BMW,
Volkswagen,
Audi,
Land
Rover,
MG
Rover,
Toyota,
Mazda,
Mitsubishi,
Nissan
and
Isuzu. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Superior
Industries
Int'l
designs
and
manufactures
motor
vehicle
parts
and
accessories,
primarily
aluminum
road
wheels
for
the
domestic
and
international
original
equipment
manufacturer
(OEM)
markets.
For
the
six
months
ended
6/30/01,
revenues
decreased
1%
to
$328
million.
Net
income
fell
27%
to
$29.3
million.
Revenues
reflect
decreased
unit
shipments
due
to
a
soft
demand
for
light
vehicles.
Net
income
also
reflects
a
$2.5
million
write-off
due
to
a
new
business
start-up. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Louis Borick, 77 Chairman,
Pres | $3.6M | -- | Steven Borick, 48 Exec.
VP | 400K | -- | William Kelley, 52 VP,
Operations and Quality | -- | -- | R. Jeffrey Ornstein, 58 VP,
CFO | 435K | -- | James Ferguson, 52 VP
of OEM Marketing Group | 315K | $231K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|