| | Business Summary | | Aerovox
Incorporated
is
a
leading
manufacturer
of
electrostatic
(film
and
paper)
and
aluminum
electrolytic
capacitors,
sold
worldwide,
principally
to
original
equipment
manufacturers
for
use
as
components
in
electrical
and
electronic
products.
Capacitors
are
basic
electrical
components
that
store
electrical
energy
and
regulate
the
frequency,
timing
and
condition
of
electrical
signals.
They
are
used
to
release
predetermined
amounts
of
energy
and
assist
in
running
an
electrical
device,
to
send
predetermined
amounts
of
energy
to
start
an
electrical
device
or
to
store
energy
for
releases
at
unscheduled
future
times.
The
Company
offers
a
complete
line
of
high-voltage,
multi-purpose
custom
and
pulse
powered
capacitors
for
alternating
current
and
direct
current
applications,
which
generally
include
medical,
industrial
and
government
applications. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Aerovox,
Inc.
is
a
manufacturer
of
electrostatic
(film
and
paper)
and
aluminum
electrolytic
capacitors
for
use
as
components
in
electrical
and
electronic
products.
For
the
three
months
ended
3/31/01,
net
sales
fell
7%
to
$28.2
million.
Net
income
fell
71%
to
$128
thousand.
Revenues
reflect
the
slowdown
of
sales
to
customers
supplying
power
products
into
the
telecommunications
and
internet
markets.
Lower
income
also
reflects
an
increase
in
interest
expenses. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| Robert Elliott, 50
Pres,
CEO, Director | $287K | F. Randall Hunt, 43
Sr.
VP-Fin., CFO, Sec. | 135K | Enrique Sanchez Aldunate, 56
Sr.
VP, Aerovox Inc. and Pres, Aerovox de Mexico | 167K | Martin Hudis, Ph.D., 58
Sr.
VP, Technology Devel. | 168K | Graham Yates, 54
Sr.
VP, Aerovox Inc. and Managing Director, BHC Aerovox Ltd. | -- | | Dollar
amounts are as of 1-Jan-2001 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/a/arvxe.ob.gif)