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Fuel Systems Solutions Inc

 
Hoover's Profile: Fuel Systems Solutions, Inc.
(NASDAQ (GM):FSYS)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Fuel Systems Solutions, Inc.
780 Third Avenue, 25th Floor
New York, NY 10017
NY Tel. 646-502-7170

Type: Public
On the web: http://www.fuelsystemssolutions.com
Employees: 1,448
Employee growth: 44.5%

Fuel Systems Solutions was green before green was hip. Operating through two primary subsidiaries, the holding company (formerly IMPCO Technologies, Inc.) manufactures and supplies equipment that allows internal combustion engines to run cleaner by using alternative fuels. Subsidiary IMPCO Technologies makes fuel systems that allow engines to burn gaseous fuels such as natural gas, propane, or biogas. IMPCO serves the heavy-duty, power generation, stationary power, and industrial markets. Italy-based BRC Gas Equipment subsidiary serves the transportation market by making fuel conversion systems for vehicles so they can meet official government emission standards. Fuel Systems was formed in 1957 as IMPCO.

Key numbers for fiscal year ending December, 2008:
Sales: $382.7M
One year growth: 44.2%
Net income: $23.1M
Income growth: 292.6%

Officers:
CEO and Director; Managing Director, MTM: Mariano Costamagna
President, CFO, and Secretary: Matthew Beale
COO: Roberto Olivo

Competitors:
Aisan
Robert Bosch
Teleflex

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