| Business Summary | | Wolverine
Tube,
Inc.
is
a
manufacturer
that
provides
its
customers
with
copper
and
copper
alloy
tube,
fabricated
products,
brazing
alloys,
fluxes
and
lead-free
solder,
as
well
as
copper
and
copper
alloy
rod,
bar
and
strip
products.
Customers
of
the
Company's
copper
and
copper
alloy
products
include
commercial
and
residential
air
conditioning
and
refrigeration
equipment
manufacturers,
appliance
manufacturers,
automotive
manufacturers,
industrial
equipment
manufacturers,
utilities
and
other
power
generating
companies,
refining
and
chemical
processing
companies
and
plumbing
wholesalers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Wolverine
Tube,
Inc.
manufactures
and
distributes
copper
and
copper
alloy
tubes,
rods,
bars
and
strip
products
which
are
sold
to
appliance
manufacturers,
power
generating
companies,
and
plumbing
wholesalers.
For
the
six
months
ended
7/1/01,
net
sales
rose
2%
to
$364.2
million.
Net
income
applicable
to
Common
fell
34%
to
$9.6
million.
Results
reflect
the
acquisition
of
Wolverine
Joining
Technologies
and
increased
volumes
of
technical
tube,
offset
by
a
$4.7
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Dennis Horowitz, 54 Chairman,
Pres, CEO | $975K | James Deason, 53 Exec.
VP, CFO, Sec., Director | 422K | Johann Manning, Jr., 40 Sr.
VP of HR, Gen. Counsel | 321K | Keith Weil, 43 Sr.
VP, Tubing Products | 372K | Dollar amounts are as of 31-Dec-2000 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
|
|