UMC Releases 2012-13 Annual Report
|UMC Releases 2012-13 Annual Report|
UMC Releases Third Quarter Report
April 30, 2013
|UMC Releases Third Quarter Report|
UMC Releases Second Quarter Report
January 31, 2013
|UMC Releases Second Quarter Report|
ReTech Announces Robert Hayes as Regional Sales Manager
January 28, 2013
ReTech, a division of Universal Mfg. Co. is pleased to announce that it has named Robert Hayes as a new Regional Sales Manager. Mr. Hayes will be working with ReTech Area Reps and clients in the Washington, Oregon, California, Nevada, Arizona and New Mexico Territories. Mr. Hayes comes to ReTech with a long and vast amount of automotive experience. He started his career as an ASE Certified Technician then moved on with Pep Boys then to Midas where he served as a franchisee and in sales and sales management positions. Mr. Hayes has served our nation proudly during Iraqi Freedom and is an honorably discharged veteran. He currently resides in Corona, California. About ReTech: Universal Mfg. Co. was started in 1946 as a Ford Authorized Remanufacturer of engines and component parts. ReTech branded products include transfer cases, transfer case engagement motors, brake calipers, differentials, disconnects, remanufactured fuel pumps and new electric fuel pumps. Today, ReTech continues to seek out and develop additional remanufactured product lines to deliver outstanding value to the automotive aftermarket and its customer partners.
UMC Retains IST Shareholder Services
January 28, 2013
UMC Universal Mfg. Co. is pleased to announce that it has retained IST Shareholder Services to serve as its Transfer Agent, effective January 28, 2013. IST Shareholder Services is dedicated to serving the financial service industry as a professional transfer agent. Don Dunn, UMC President & CEO said, “We look forward to working with IST and its employees to continue to provide our shareholders timely, efficient recordkeeping and transfer services for our shares.
Starting January 28, 2013, all stock transfers, registrations, changes of address or replacement certificates will be handled by IST Shareholder Services. Contact information for IST by telephone is (630) 480-0393 or toll free at (800) 757-5755 between the hours of 7:30 a.m. and 4:30 p.m. CST.
IST’s mailing address is:
IST Shareholder Services
433 S. Carlton Avenue
Wheaton, IL 60187-4872
UMC Releases First Quarter Report
November 26, 2012
Today Universal Mfg Co (UFMG) released its results of operations for its first quarter of fiscal 2012-13. It reported sales of $5.74 Million a 47% increase over the same period for the prior year. Net income was $188,733 for the quarter or $.22 per share compared to a loss of $.10 per share for the same period last year.
Donald Dunn, President and CEO said, "Our new fiscal year has started with a good first quarter. Our ReTech operation had a solid quarter and Man Lift performed as we anticipated when we made the acquisition almost two years ago." According to Dunn, ReTech sales were down 6% over the same period prior year, although above budget and operation income was flat with prior year; margins at ReTech remained good in transfer cases; however, both volume and margins shrank in remanufactured fuel pumps and brake calipers. At Man Lift, sales were up 184% over the same period the prior year and 34% over budget and margins improved significantly over the same period for the prior year; however, margins remain below budget. Dunn continued, "Our new management at each operation has done an excellent job of controlling costs and focusing on growing the respective operations. The start to the year is a major improvement over last year; that being said, we certainly believe our performance can continue to improve."
Effective October 25, 2002, the Universal made the necessary filing with the Security and Exchange Commission to deregister its common stock. As a result of this deregistration, the Company requested a voluntary delisting of its common stock from the NASDAQ Small Cap Market. The stock continues to be listed on the pink sheets using the symbol UFMG. The Company understands and believes that some firms continue to make a market of the Company’s stock.
For further information contact Donald Dunn at 402-261-3851 or email@example.com.
|2012-13 1st Quarter Report|