Mine Safety Appliances Company (MSA, Financial) filed Annual Report for the period ended 2010-12-31.
Mine Safety Appliances has a market cap of $1.27 billion; its shares were traded at around $35.04 with a P/E ratio of 26.55 and P/S ratio of 1.39. The dividend yield of Mine Safety Appliances stocks is 2.85%. Mine Safety Appliances had an annual average earning growth of 5.6% over the past 10 years.Hedge Fund Gurus that owns MSA: Private Capital of Private Capital Management. Mutual Fund and Other Gurus that owns MSA: Columbia Wanger of Columbia Wanger Asset Management, Chuck Royce of Royce& Associates, Pioneer Investments, Mario Gabelli of GAMCO Investors.
Research and DevelopmentTo maintain our position at the forefront of safety equipment technology, we operate several sophisticated research and development facilities. We believe our dedication and commitment to innovation and research and development allow us to produce innovative safety products that are often first to market and exceed industry standards. In 2010, 2009, and 2008, on a global basis, we spent $32.8 million, $28.8 million, and $35.0 million, respectively, on research and development. Our primary engineering groups are located in the United States, Germany, and China, and to a lesser extent in France. Our global product development teams include cross-geographic and cross-functional members from various areas throughout the company, including research and development, marketing, sales, operations, and quality management. These teams are responsible for setting product line strategy based on their understanding of the markets and the technologies, opportunities and challenges they foresee in each product area. We believe our team-based, cross-geographic and cross-functional approach to new product development is a source of competitive advantage. Our approach to the new product development process allows us to tailor our product offerings and product line strategies to satisfy distinct customer preferences and industry regulations that vary across our three geographic segments.
Read the The complete Report
Mine Safety Appliances has a market cap of $1.27 billion; its shares were traded at around $35.04 with a P/E ratio of 26.55 and P/S ratio of 1.39. The dividend yield of Mine Safety Appliances stocks is 2.85%. Mine Safety Appliances had an annual average earning growth of 5.6% over the past 10 years.Hedge Fund Gurus that owns MSA: Private Capital of Private Capital Management. Mutual Fund and Other Gurus that owns MSA: Columbia Wanger of Columbia Wanger Asset Management, Chuck Royce of Royce& Associates, Pioneer Investments, Mario Gabelli of GAMCO Investors.
Highlight of Business Operations:
CustomersOur customers generally fall into three categories: industrial and military end-users, distributors, and retail consumers. In North America, we make nearly all of our non-military sales through our distributors. In our European and International segments, we make our sales through both indirect and direct sales channels. Our U.S. military customers, which are comprised of multiple U.S. government entities, including the Department of Defense, accounted for approximately 4% of our 2010 sales. The year-end backlog of orders under contracts with U.S. government agencies was $56.0 million in 2010, $18.3 million in 2009, and $23.4 million in 2008.Research and DevelopmentTo maintain our position at the forefront of safety equipment technology, we operate several sophisticated research and development facilities. We believe our dedication and commitment to innovation and research and development allow us to produce innovative safety products that are often first to market and exceed industry standards. In 2010, 2009, and 2008, on a global basis, we spent $32.8 million, $28.8 million, and $35.0 million, respectively, on research and development. Our primary engineering groups are located in the United States, Germany, and China, and to a lesser extent in France. Our global product development teams include cross-geographic and cross-functional members from various areas throughout the company, including research and development, marketing, sales, operations, and quality management. These teams are responsible for setting product line strategy based on their understanding of the markets and the technologies, opportunities and challenges they foresee in each product area. We believe our team-based, cross-geographic and cross-functional approach to new product development is a source of competitive advantage. Our approach to the new product development process allows us to tailor our product offerings and product line strategies to satisfy distinct customer preferences and industry regulations that vary across our three geographic segments.
Read the The complete Report
