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Home > Company Index > Automotive & Transport Equipment > Auto Parts > Newcor, Inc.

Newcor, Inc.
AMEX: NER
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 PROFILE
Newcor makes the molds to produce metal, rubber, and plastic parts for the agricultural, off-road, auto, and appliance markets. The company's precision-machined products segment (72% of sales) makes shafts, axles, and large iron and steel castings. Its rubber and plastics segment makes parts for auto and truck interiors and engine and body components. Newcor's special machines unit builds machines for welding and other processes for the aerospace, appliance, auto, and general manufacturing markets. Newcor's largest customers include Detroit Diesel Company (21% of sales), Ford (18%), and American Axle & Manufacturing (13%). Holding company EXX owns about 17% of Newcor, and it wants to continue buying shares through 2004.

 COMPETITION
Dana Corporation (DCN)
Delphi Automotive Systems Corporation (DPH)
Eaton Corporation (ETN)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 238.10
1-Yr. Sales Growth: (7.9)%
Employees: 1,600
Revenue per employee: $148,812.50

 KEY PEOPLE
• James J. Connor
    CEO
• James J. Connor
    CFO

 CONTACT INFO
1825 S. Woodward Ave., Ste. 240
Bloomfield Hills, MI 48302
US
Phone: 248-253-2400
Fax: 248-253-2413
Online: Web Site

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