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Home > Company Index > Automotive & Transport Equipment > Auto Parts > Hastings Manufacturing Company

Hastings Manufacturing Company
AMEX: HMF
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 PROFILE
Hastings Manufacturing, formed in 1915, is one of the automotive industry's ring leaders. The company's main business is making piston rings for the automotive aftermarket. Customers include engine rebuilders, retail outlets, and warehouse distributors. Hastings also makes piston rings for OEMs, including DaimlerChrysler (11% of sales). The company manufactures and distributes mechanics' specialty tools, and it has a joint venture that sells additives for engines, transmissions, and cooling systems under the Casite brand name. Canadian subsidiary Hastings, Inc., oversees the distribution of tools and additives in that market. Former chairman Stephen Johnson and his family control the company.

 COMPETITION
Dana Corporation (DCN)
Federal-Mogul Corporation (FMO)
Robert Bosch GmbH (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 35.30
1-Yr. Sales Growth: (3.6)%
Employees: 417
Revenue per employee: $84,652.28

 KEY PEOPLE
• Andrew F. Johnson
    CEO
• Thomas J. Bellgraph
    CFO

 CONTACT INFO
325 N. Hanover St.
Hastings, MI 49058
US
Phone: 616-945-2491
Fax: 616-945-4667
Online: Web Site

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