Corporate Profile for Citation Corp., July 3, 1997.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: July 3, 1997
Company Name: Citation Corp.
Address: 2 Office Park Circle, Suite 204
Birmingham, AL 35223
Main Telephone
Number: 205/871-5731
Internet Home
Page Address
(URL) www.gotocast.com
Chief Executive
Officer: T. Morris Hackney
Chief Financial
Officer: R. Conner Warren
Investor Relations
Contact: Stanley B. Atkins
Business number: 205/871-5731
Home number: 205/525-4403
Public Relations
Contact: Stanley B. Atkins
Business number: 205/871-5731
Home number: 205/525-4403
Trading Symbol/
Exchange: NASDAQ:CAST
Industry: MINING/METALS
Market Makers: Bear Stearns, BT Securities, Stephens Inc.,
Robinson-Humphrey, Herzog, Heine Geduld, Inc., Mayer & Schweitzer,
Fidelity Capital Markets, Sterne, Agee & Leach
Company description: Citation Citation (foaled 1945) U.S. Thoroughbred racehorse. In four seasons he won 32 of 45 races, finished second in ten, and third in two. He won the 1948 Triple Crown, and became the first horse to win $1 million. He set a world record in 1950 by running a mile in 1:33 3/5. Corp. is a manufacturer of cast, forged forge 1 n. 1. A furnace or hearth where metals are heated or wrought; a smithy. 2. A workshop where pig iron is transformed into wrought iron. v. and machined components for the capital and durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. industries. At its 19 operations in eight states, its approximately 5,600 employees produce aluminum, iron and steel castings Steel casting is a manufacturing process in which molten metal is poured into a mold, allowed to solidify within the mold, and then the mold is broken and the solid piece is taken out. , steel forgings and machined and assembled as·sem·ble v. as·sem·bled, as·sem·bling, as·sem·bles v.tr. 1. To bring or call together into a group or whole: assembled the jury. 2. components for automobiles, light, medium and heavy trucks, off-highway construction equipment, agricultural equipment, pumps, compression and industrial valves, machine tools, aircraft and other durable goods. Sales in 1996 were $488 million and are expected to be approximately $650 million in 1997. Fifty-two Adj. 1. fifty-two - being two more than fifty 52, lii cardinal - being or denoting a numerical quantity but not order; "cardinal numbers" week stock high 18-1/4, low 9-1/2; net income 1996 approximately $17 million. |
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