MNP Corporation

PROFILE MNP is holding tight to its fastener business. The company manufactures and distributes steel fasteners, including automotive, commercial, industrial, and specialty products. Its main customers are automakers such as GM, Ford, and DaimlerChrysler. MNP's Perfection Steel Treating subsidiary offers electroplating and hot-dip galvanizing services, and its tooling division services MNP's customers as well as its own manufacturing plants. Most of MNP's facilities are in Michigan. The company is building its first international plant in Mexico. MNP began in 1970 as Steel & Wire Corporation. Chairman and CEO Larry Berman owns a majority of the company (he also controls steel processor Meridian National).  COMPETITION Corus Group plc (CGA) Illinois Tool Works Inc. (ITW) Nucor Corporation (NUE)		FINANCIAL OVERVIEW Fiscal Year-End: November 1998 Sales (mil.): 207.10 1-Yr. Sales Growth: 5.6% Employees: 1,018 Revenue per employee: $203,438.11  KEY PEOPLE • Larry Berman     CEO • Craig L. Stormer     CFO  CONTACT INFO 44225 Utica Rd. Utica, MI 48318 US Phone: 810-254-1320 Fax: 810-781-4888 Online: Web Site

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