| | Business Summary | | IMCO
Recycling
Inc.
recycles
aluminum
and
zinc.
The
Company's
processing
of
aluminum
includes
used
aluminum
beverage
cans,
aluminum
scrap
and
dross
(a
by-product
of
aluminum
production).
Its
U.S.
Zinc
Corporation
subsidiary
uses
furnaces
to
convert
zinc
scrap
and
dross
into
various
value-added
zinc
products,
such
as
zinc
oxides,
dust
and
metal.
A
majority
of
the
Company's
processing
capacity
is
utilized
to
recycle
customer-owned
materials,
for
which
the
Company
charges
a
fee
(a
service
called
tolling).
IMCO's
aluminum
customers
include
aluminum
producers
and
aluminum
fabricators,
diecasters,
extruders,
automotive
companies
and
other
processors. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | IMR
is
engaged
in
the
processing
of
aluminum,
which
includes
used
beverage
cans
(UBCs),
scrap,
and
dross.
IMR
converts
UBCs,
scrap
and
dross
into
molten
metal
at
facilities
owned
and
operated
by
the
company.
For
the
six
months
ended
6/30/01,
revenues
fell
19%
to
$364.8
million.
Net
income
fell
87%
to
$551
thousand.
Revenues
reflect
decreased
production
volumes.
Earnings
also
reflect
higher
natural
gas
costs
and
$2.1
million
in
receivable
sales
fees. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Don Ingram, 64
Chairman,
Pres, CEO | $823K | Richard Kerr, 57
Pres
of Specialty Alloys Division | 467K | M. Robinson, 42
Pres,
U.S. Zinc Corp. | 310K | Paul Dufour, 60
Exec.
VP of Admin. and Fin., CFO and Sec. | 462K | Denis Ray, 51
Exec.
VP, Domestic Aluminum Operations | 329K | | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/i/imr.gif)