Corporate Profile for Versa Technologies Inc., dated Feb. 7, 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 information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , Comtex, and many others. -0-
Published Date: Feb. 7, 1997
Company Name: Versa Technologies Inc.
Address: 9301 Washington Avenue
Racine, WI 53406
Main Telephone
Number: 414/886-1174
Chief Executive
Officer: James E. Mohrhauser
Investor Relations
Contact: Janet L. Ford
Business number: 414/886-1174
Home number: 414/633-1603
Public Relations
Contact: Janet L. Ford
Business number: 414/886-1174
Home number: 414/633-1603
e-mail address: 70752,576@compuserve.com
Trading Symbol: VRSA
Industry: Multi-industry
Company description: Versa Versa Versatile System Architecture (Genrad) Technologies Inc. is a value-added manufacturer of custom engineered components and systems for niche markets A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. . The company is comprised of three business segments serving diverse markets. The Electronics Segment designs and manufactures custom electronic systems for a broad range of applications, including high quality electronics for material handling equipment, machine control, factory automation, fire control systems, power generation and control, fluid control systems, and computer-based instruments for medical applications. The Engineered Materials Segment fabricates custom components from a variety of elastomers and plastics for special applications requiring a high degree of engineering expertise and product quality. Its businesses serve many markets, including the business and computer equipment, medical device, electronics, and automotive markets. The Fluid Power Segment manufactures custom-engineered cylinders for capital goods Capital Goods Any goods used by an organization to produce other goods. Notes: Examples of capital goods include office buildings, equipment, and machinery. See also: Capital Expenditure, Disinvestment Capital goods , factory automation, agricultural equipment, and machine tools. This segment also manufactures hydraulic devices that raise, lower, stabilize stabilize See peg. or level semitrailers, trucks, recreational vehicles and a variety of off-highway vehicles and equipment. The Fluid Power Segment also produces electrically powered systems that serve as the drive mechanisms for slideout rooms on trailers and recreational vehicles. Versa/Tek had annual sales of $70,699,000 and net earnings of $5,899,000 at fiscal year ended March 31, 1996. Publicly held since 1970, Versa/Tek had approximately 5.8 million shares outstanding at March 31, 1996. The stock traded at a high of 16-1/4 and a low of 13-1/4 during fiscal 1996. CONTACT: Versa Technologies Inc. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion