Address: |
45 William Street
Wellesley, MA 02481 |
| Phone: |
(781) 237-5100 |
| Fax: |
(781) 431-4255 |
| Sector: |
Technology |
| Industry: |
Scientific &
Technical Instr. |
| Employees: |
13,000 |
| Officers: |
Gregory L. Summe, Chmn./CEO
Robert F. Friel, Sr. VP/CFO
Daniel Heaney, Treas.
Terrance L. Carlson, Sr. VP/Counsel
Gregory D. Perry, Contr. |
|
 |
Business Summary
EGG designs, manufactures and markets
optoelectronic, mechanical and electromechanical components and instruments for
manufacturers and end-user customers. For the six months ended 7/4/99, sales increased 28%
to $547.5 million. Net income from continuing operations decreased 91% to $5.3 million.
Revenues reflect increased product sales. Net income was offset by a decreased gain on
dispositions ($8.5 million vs. $125.8 million) and the inclusion of a $23 million
in-process R&D charge. |
