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  September 5, 2001
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Home > Company Index > Aerospace & Defense > Aerospace/Defense - Products > Argo-Tech Corporation

Argo-Tech Corporation
 PROFILE
Argo-Tech Corporation helps keep aircraft aloft with its fuel-flow devices. The company and its J.C. Carter subsidiary make engine fuel pumps for aircraft. Argo-Tech also makes airframe products, aerial refueling systems, and components for ground fueling at airports. Its Durodyne subsidiary makes specialty industrial hoses. Argo-Tech's services include maintenance, overhauling, and technical support. It sells to military and commercial engine and airframe makers such as Airbus, Boeing, and Cessna; US and foreign militaries; and airlines. Upsilon International, a distributor, accounts for 14% of sales. An employee stock ownership plan owns about 58% of Argo-Tech; entrepreneur Masashi Yamada owns about 25%.

 COMPETITION
Goodrich Corporation (GR)
ITT Industries, Inc. (ITT)
Parker Hannifin Corporation (PH)

 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 159.40
1-Yr. Sales Growth: (9.7)%
Employees: 707
Revenue per employee: $225,459.69

 KEY PEOPLE
• Michael S. Lipscomb
    CEO
• Frances S. St. Clair
    CFO

 CONTACT INFO
23555 Euclid Ave.
Cleveland, OH 44117
US
Phone: 216-692-6000
Fax: 216-692-6331
Online: Web Site

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