| | Business Summary | | Sypris
Solutions,
Inc.
is
a
diversified
provider
of
specialized
industrial
products
and
technical
services.
The
Company
manufactures
and
sells
integrated
data
acquisition,
storage
and
analysis
systems,
magnetic
instruments,
current
sensors,
high-pressure
closures,
and
a
variety
of
other
industrial
products.
The
Company
also
performs
a
wide
range
of
specialized
electronic
design,
assembly,
test,
evaluation,
calibration,
and
software-based
encryption
services
on
a
contract
basis.
The
Company
operates
in
two
segments:
the
Electronics
Group,
which
provides
a
broad
range
of
specialized
products
and
manufacturing
and
technical
services
to
industrial
and
commercial
customers
and
to
various
government
agencies;
and
the
Industrial
Group,
which
manufactures
forged
heavy-duty
drive
train
components
for
the
commercial
truck
and
construction
markets
and
forged
engine
cylinders
and
shafts
for
the
aerospace
market. | | Financial Summary | | Sypris
Solutions
Inc.
is
a
diversified
provider
of
specialized
industrial
products
and
technical
services.
For
the
nine
months
ended
9/26/99,
revenues
decreased
10%
to
$142.5
million.
Net
income
increased
33%
to
$6.8
million.
Revenues
reflect
volume
reductions
for
product
lines
provided
to
customers
in
the
aerospace
industry
and
foreign
markets
of
the
oil
and
gas
industry.
Earnings
reflect
consolidation
of
certain
activities
and
workforce
reductions. | | | | FY1998 Pay | |
| Robert Gill, 73 Chairman | $254K | Jeffrey Gill, 43 Pres,
CEO | 367K | David Johnson, 43 VP,
CFO and Treasurer | 278K | Richard Davis, 45 Sr.
VP and Sec. | -- | Anthony Allen, 40 VP,
Cintroller and Assistant Sec. | -- | | Dollar amounts are as of 31-Dec-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
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