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  September 5, 2001
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Home > Company Index > Metals & Mining > Metals & Alloys Distribution > Meridian National Corporation

Meridian National Corporation
OTC: MRCO
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 PROFILE
Meridian National isn't the zenith of the US steel industry, but it does make the cut. Meridian's processing facilities in Detroit and Gary, Indiana, provide slitting, batch pickling, and cut-to-length processing for customers in the automotive, building, appliance, and other industries. Steel-processing operations account for more than 50% of sales. The company processes and distributes steel products through its Ottawa River Steel Company subsidiary. Meridian National also offers paint recycling services. Low priced foreign steel and start-up costs for its paint recycling operations have led to decreased sales and income losses. Larry Berman owns 51% of the company and also owns a majority stake in steel fastener maker MNP.

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 FINANCIAL OVERVIEW
Fiscal Year-End: February
2000 Sales (mil.): 42.60
1-Yr. Sales Growth: (13.6)%
Employees: 115
Revenue per employee: $370,434.78

 KEY PEOPLE
• William D. Feniger
    CEO
• James Rosino
    CFO

 CONTACT INFO
805 Chicago St.
Toledo, OH 43611
US
Phone: 419-729-3918
Fax: 419-729-1217

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