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  September 5, 2001
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Home > Company Index > Health Products & Services > Medical Instruments & Supplies > Medical Action Industries Inc.

Medical Action Industries Inc.
Nasdaq: MDCI
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 PROFILE
Medical Action Industries is soaking up success. Its main products are laparotomy sponges and operating room towels, which together account for almost 60% of sales. Medical Action Industries also makes gauze sponges, fluffs, and dressings, which are used in medical, dental, and veterinary centers. Other medical supplies include preassembled procedure trays, infectious waste disposal systems, equipment covers, and surgical marking pens. Major clients include medical distributors Allegiance, Owens & Minor, and McKesson HBOC. Chairman and CEO Paul Meringolo and his brother Joseph together own about 25% of the company.

 COMPETITION
Johnson & Johnson (JNJ)
Medline Industries, Inc. (dossier)
Rexam PLC (REXMY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 75.40
1-Yr. Sales Growth: 6.2%
Employees: 230
Revenue per employee: $327,826.09

 KEY PEOPLE
• Paul D. Meringolo
    CEO
• Richard G. Satin
    CFO

 CONTACT INFO
150 Motor Pkwy., Ste. 205
Hauppauge, NY 11788
US
Phone: 631-231-4600
Fax: 631-231-3075
Online: Web Site

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