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MISCOR Group, Ltd.

 
Hoover's Profile: MISCOR Group, Ltd.
(OTC:MIGL)
Contact Information
MISCOR Group, Ltd.
1125 S. Walnut St.
South Bend, IN 46619
IN Tel. 574-234-8131
Fax 574-232-7648

Type: Public
On the web: http://www.miscor.com
Employees: 683
Employee growth: 1.9%

When your power distribution equipment has run out of steam, MISCOR Group gets it moving again. The company, through half a dozen subsidiaries, provides electrical and mechanical repair services to industrial, commercial, and institutional customers in North America. It operates three segments. The Industrial Services segment provides maintenance and repair for the electric motor, wind power, steel and scrap and industrial magnet industries. The Construction and Engineering division performs electrical and mechanical engineering and maintenance for industrial and commercial facilities. Its Rail Services arm manufactures and rebuilds engine parts and other components for locomotives.

Key numbers for fiscal year ending December, 2008:
Sales: $123.2M
One year growth: 68.3%
Net income: ($1.5)M

Officers:
Chairman, President, and CEO: John A. Martell
President Magnetech Industrial Services, Inc.: Bernard L. DeWees
EVP, COO, and Director: Richard A. (Rich) Tamborski

Competitors:
Electro-Motive
GE
Walker Magnetics

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