| Business Summary | | Irex
Corporation
consists
of
five
wholly
owned
subsidiaries,
which
operate
within
the
specialty
contracting
industry.
These
companies
primarily
engage
in
mechanical
insulation,
abatement,
fire
protection
and
interior
finish
contracting.
Operations
are
conducted
through
the
following
wholly
owned
subsidiaries:
ACandS,
Inc.;
Centin,
LLC;
Spacecon,
LLC;
Island
Insulation
Services,
Inc.;
and
Pyro-Stop,
LLC.
Through
ACandS
Contracting
Ltd.,
the
Company
is
engaged
in
thermal
insulation
contracting
in
Canada.
Substantially
all
of
the
Company's
insulation
contracts
are
made
with
private
contractors,
subcontractors
and
other
builders,
and
such
contracts
are
normally
awarded
on
the
basis
of
competitive
bids. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IREX
is
a
distributor
and
fabricator
of
mechanical
insulation
and
architectural/acoustical
products,
and
engages
in
mechanical
insulation,
abatement,
fire
protection
and
interior
finish
contracting.
For
the
three
months
ended
3/31/00,
revenues
rose
13%
to
$32.9
million.
Net
income
applicable
to
Common
totalled
$328
thousand,
up
from
$4
thousand.
Results
reflect
stronger
revenues
from
the
Company's
Western
region
operations
and
an
increase
in
gross
profit. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| W. Kirk Liddell, 50 Pres
and CEO | $482K | Jane Pinkerton, 60 Sr.
VP- Fin. and Admin. | 180K | James Hipolit, 49 Sr.
VP, Gen. Counsel and Sec. | 194K | Dennis Gray VP, ACandS, Inc. | 140K | D. Andrew Pres,
ACandS, Inc. | 246K | 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
|
|