| Business Summary | | Centrum
Industries,
Inc.
is
a
holding
corporation
that
owns
manufacturing
companies
in
the
metal
forming
industry.
The
Company
has
decided
to
sell
its
material
handling
operations,
thus
leaving
it
with
only
one
business
category,
the
metal
forming
segment.
The
metal
forming
operations
produce
specialty
steel
forgings,
steel
seamless
rolled
rings,
and
nonferrous
castings
used
in
a
variety
of
industries.
The
largest
subsidiary
of
Centrum
is
McInnes
Steel
Company
and
its
subsidiaries,
which
comprise
the
metal
forming
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Centrum
Industries,
Inc.
is
a
holding
company
whose
subsidiaries
are
engaged
in
the
production
of
specialty
steel
forgings,
steel
seemless
rolled
rings,
and
nonferrous
castings
used
by
a
variety
of
industries.
For
the
nine
months
ended
12/00,
net
sales
rose
2%
to
$34.2
million.
Net
loss
before
extraordinary
item
and
from
con't
operations
totalled
$1.2
million,
up
from
$373
thousand.
Results
reflect
stronger
demand
in
most
markets,
offset
by
the
absence
of
a
$689
thousand
income
tax
benefit. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| George Wells, 56 Chairman,
Pres, CEO | $289K | Timothy Hunter, 37 CFO,
Treasurer, Sec. | 155K | Dollar amounts are as of 31-Mar-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
|
|