Stock Symbol: FDMLQ.OB
26555 Northwestern Highway
Federal-Mogul Corporation Industry:
Auto & Truck Parts
Federal-Mogul Corporation Description:
Federal-Mogul is a global supplier of automotive components and sub-systems serving the world's original equipment manufacturers and the aftermarket. The company utilizes its engineering and materials expertise,proprietary technology, manufacturing skill, distribution flexibility and marketing power to deliver products, brands and services of value to its customers. Federal-Mogul is focused on the globalization of its teams, products and processes to bring greater opportunities for its customers and employees, and value to its constituents. Headquartered in Southfield, Michigan, Federal-Mogul was founded in Detroit in 1899 and today employs 49,000 people in 24 countries.
Federal-Mogul Corporation Financial Summary:
FDMLQ is a manufacturer and distributor of precision parts, primarily vehicular components for automobiles and trucks, farm & construction vehicles & industrial products. For the 6 months ended 6/30/05, net sales rose 6% to $3.30B. Net loss from cont. ops. totalled $59.9M, up from $25.2M. Revenues reflect new business in the OE and Aftermarket sectors. Higher loss reflects reduced margins and increased interest expense.
Federal-Mogul Corporation Business Summary:
Federal-Mogul Corporation is a global supplier of vehicular parts, components, modules and systems to customers in the automotive, small-engine, heavy-duty and industrial markets. It operates in five segments: powertrain, sealing systems and systems protection, friction, aftermarket and other. Federal-Mogul offers its customers an array of products for original equipment (OE) and parts replacement (aftermarket) applications, including engine bearings, pistons, piston pins, rings, cylinder liners, valve train and transmission products, connecting rods, sealing systems, element resistant systems protection sleeving products, electrical connectors and sockets, disc pads and brake shoes and ignition, lighting, fuel, wiper and chassis products.