| | Business Summary | | Lancer
Corporation
designs,
engineers,
manufactures
and
markets
fountain
soft
drink,
beer
and
citrus
beverage-dispensing
systems
and
other
equipment
for
use
in
the
foodservice
and
beverage
industry.
Lancer
also
markets
frozen
beverage
dispensers
manufactured
by
a
50%-owned
joint
venture.
Lancer's
products
are
sold
by
personnel
and
through
independent
distributors
and
agents,
principally
to
soft
drink
companies
(primarily
The
Coca-Cola
Company),
bottlers,
equipment
distributors,
beer
breweries
and
foodservice
chains
for
use
in
various
food
and
beverage
operations.
The
Company
is
a
vertically
integrated
manufacturer
whose
tooling,
production,
assembly
and
testing
capabilities
enable
it
to
fabricate
a
substantial
portion
of
the
components
used
in
its
products. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Lancer
designs,
engineers,
manufactures
and
markets
fountain
soft
drink,
beer
and
citrus
beverage
dispensing
systems,
and
other
equipment
for
use
in
the
food
service
and
beverage
industry.
For
the
six
months
ended
6/30/01,
net
sales
rose
4%
to
$61.5
million.
Net
income
increased
21%
to
$1.4
million.
Revenues
reflect
increased
sales
in
North
and
Latin
America.
Net
income
also
reflects
a
higher
gross
margin
due
to
manufacturing
cost
reductions. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Alfred Schroeder, 64
Chairman | $359K | George Schroeder, 61
Pres,
CEO | 300K | Christopher Hughes, 54
COO | -- | Mark Freitas, 40
Corp.
Controller | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/l/lan.gif)