Document Gpbdzv4eBRboB2daeGdBvJVV
CDF RLE
Oarlock
Garlock Inc. 1250 Midtown Tower Rochester, New York 14604
FACT SHEET
April 19, 1974
HEADQUARTERS
1250 Midtown Tower, Rochester, N.Y. 14604
FOUNDED
1887. Incorporated 1905
LISTED
New York Stock Exchange - Symbol: GAK
FINANCIAL INFORMATION
calendar year)
1973
1972
1971
1970
1969
Net Sales*
$126,022 $105,159 $87,650 $78,533 $76,561
Net Income*
5,592
4,513
3,925
3,597
3,505
Earnings per share
2.35
1.90
1.72
1.73
1.68
Dividends paid per
share
.84
.81
.80
.80
.80
Shareholders' equity per share
19.20
17.69
16.65
15.72
14.79
Thousands of dollars
ORGANIZATION
Operating Groups
Staff Groups
Mechanical Products Mechanical Power Fluid Power Oil Seal Internationa1
Finance Law Corporate Development Administrative Services
CURRENT DATA
(as of December 30, 1973)
Shareholders:
5,242
Employees: 5,915
Common Stock:
5,000,000 shares authorized. 2,377,000 shares outstanding.
Present Dividend Rate:
84<: annually. (Dividend Payments have been uninterrupted since incorporation in 1905.)
PLAINTIFF'S EXHIBIT
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Typical users of Garlock components are the following industries:
Aircraft Applicances Automobile Chemical Construction equipment Electronics
Farm equipment Food processing Goverment Marine Machinery Metal working
Missiles Paper Petroleum Railroad Steel Trucking
MAJOR PRODUCTS
Garlock has technological and manufacturing ability in rubber, metal, textiles, leather and plastics with the following components engineered to specification:
Oil Seal Group:
Hub seals for heavy-duty trucks and trailers Noise-abating mufflers for diesel engines Custom and universal oil seals for automotive,
railroad, mining and other industrial equipment Leaf springs for trucks
Mechanical Power Group:
Power transmission components Plastic-based bearings Fluorocarbon butterfly valves Compressor and engine valves Piston rings Metal packings Specialized seals Gears and sprockets Speed reducers TFE resins
Fluid Power Group:
Hydraulic-pneumatic cylinders Boosters and tandem cylinders Fluid power systems Hydraulic presses
Mechanical Products Group:
Industrial coatings Mechanical packings Gasketing Engineered molded/extruded rubber goods Mechanical seals Rubber covered rolls Rubber belts Flexible expansion joints Friction materials
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PRINCIPAL INTERNATIONAL MARKETING FACILITIES *
Japan Switzerland
West Germany United States Spain Mexico Austral ia Great Britain Holland
Garlock, S.A., Tokyo Garlock A.G., Winterthur Garlock, S.A., Zurich Garlock GmbH, Dusseldorf Garlock International Inc., Palmyra, N.Y. Garlock, S.A., Barcelona Louis Mulas, Sues., S.A., Mexico City Victor Engineering Pty. Ltd., Sydney Garlock (Great Britain) Ltd., Newbury Garlock Benelux B.V., Sliedrecht
Through exports from factories in the United States and through manufac turing operations in seven countries outside the U.S., Garlock sells en gineered components and products in more than 80 countries. Primary marketing facilities are in eight countries, and these facilities are supplemented by independent distributors around the world.