BNET Industries

Market Cap:$44.4M
Last Fiscal Year Sales:$25.7M
  • Public
  • US
Dow Jones Description

Espey Manufacturing & Electronics Corp is a Power Electronics Design and Original Equipment Manufacturing (OEM) company with a long history of developing and delivering highly reliable products for use in military and severe environment applications. All design, manufacturing, and testing is performed in our 150,000+ square foot facility located at 233 Ballston Ave, Saratoga Springs, New York. Espey is a small business that is ISO 9001:2000 certified and publicly traded on the American Stock Exchange (ESP). Espey continues to be successful in business for over 75 years through the development and production of new and emerging technologies. Espey services include design and development to specification, build to print, design services, design studies, environmental testing services, metal fabrication, plating and painting services, and development of automatic testing equipment. Espey manufacturing is vertically integrated and will produce individual components (including inductors), populate printed circuit boards, fabricate metalwork, paint, plate, wire, qualify, and fully test items in house. Espey's primary products are power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, ups systems, and high power radar systems. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power. ...

Chief Executive Officer
Howard M. Pinsley
Number of Employees 167
Contact Information

233 Ballston Ave

Saratoga Springs, New York 12866-4724

espey.com

(518) 245-4400

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

Recent Events

  • Espey hires new president

    7/28/09 - Financial Announcement - View Story

Decision Makers

Name (plus bio) Position
Howard M. Pinsley Chief Executive Officer
Seymour Saslow Senior Vice President
Alan Winslow Vice President of Engineering
Bob Lee Vice President of Engineering
James Clemens Vice President of Sales and Marketing
Ken Kishlicky Vice President, Engineering
Raymond Clemens James Vice President Sales & Marketing
Art Schrum Director of Supply Chain
Barry Potoker Director, Marketing & Ir
Bruce Dietrich Director of Quality
Cynthia Cook Director of Supply Chain
Peggy Murphy Director of Information Technology, Webmaster, Bob Walton
Robert Walton Director, It & Webmaster
Alvin O. Sabo Attorney
David A. O'Neil Treasurer and Principal Financial Officer
Garry M. Jones Assistant Treasurer
George Sloan Treasurer
Katrina Sparano Assistant Treasurer and Principal Accounting Officer
Michael W. Wool Attorney
Paul J. Corr Public Accountant
Timothy A. Polidore Assistant Treasurer

Board of Directors

Name (plus bio) Position
Barry Pinsley Board of Directors
Carl Helmetag Board of Directors
Lane Gregory Board of Directors

Howard Pinsley has spent his entire career with the Company. He served as Program Director prior to being elected Vice President-Special Power Supplies on April 3, 1992. ON December 6, 1996, Mr. Pinsley was elected to the position of Executive Vice President. On June 9, 1998 he was elected to the positions of President and Chief Operating Officer, Subsequently he became Chief Executive Officer and Chairman of the Board.

Organization Position Status
Espey Mfg. & Electronics Corp. Chief Executive Officer Current
Espey Mfg. & Electronics Corp. President Current
All American Semiconductor, Inc. Chairman of the Board Current
Espey Mfg. & Electronics Corp. Chairman of the Board Current
All American Semiconductor, Inc. Board of Directors Former

Organization Position Status
Espey Mfg. & Electronics Corp. Senior Vice President Current
Espey Mfg. & Electronics Corp. Board of Directors Current

Organization Position Status
Espey Mfg. & Electronics Corp. Vice President of Engineering Current
Espey Mfg. & Electronics Corp. Secretary Former

Organization Position Status
Espey Mfg. & Electronics Corp. Vice President of Engineering Current
Espey Mfg. & Electronics Corp. Director, Supply Chain Former

James Clemens, 59, Vice President of Sales and Marketing of the Company since March 1, 2004. He was elected as an executive officer on May 19, 2006. Mr. Clemens held various positions in the power systems industry for seven years prior to joining the Company. From 1997 to 1999, he was President and Chief Executive Officer of Ling Electronics, Inc., which was acquired by SatCon Power Systems. He then served as Transition Manager and consultant to SatCon until 2003.

Organization Position Status
Espey Mfg. & Electronics Corp. Vice President of Sales and Marketing Current

Organization Position Status
Espey Mfg. & Electronics Corp. Vice President, Engineering Current

Organization Position Status
Espey Mfg. & Electronics Corp. Vice President Sales & Marketing Current

Organization Position Status
Espey Mfg. & Electronics Corp. Director of Supply Chain Current

Organization Position Status
Espey Mfg. & Electronics Corp. Director, Marketing & Ir Current

Organization Position Status
Espey Mfg. & Electronics Corp. Director of Quality Current

Organization Position Status
Espey Mfg. & Electronics Corp. Director of Supply Chain Current

Organization Position Status
Espey Mfg. & Electronics Corp. Director of Information Technology, Webmaster, Bob Walton Current
Espey Mfg. & Electronics Corp. Board of Directors Current
Espey Mfg. & Electronics Corp. Corporate Secretary Former

Organization Position Status
Espey Mfg. & Electronics Corp. Director, It & Webmaster Current

Organization Position Status
Espey Mfg. & Electronics Corp. Attorney Current
Espey Mfg. & Electronics Corp. Board of Directors Current

David A. O'Neil, 43, Treasurer and Principal Financial Officer since January 4, 2000. Mr. O'Neil is a Certified Public Accountant who, prior to joining the Company, was a Senior Manager at the accounting firm of KPMG LLP.

Organization Position Status
Espey Mfg. & Electronics Corp. Treasurer and Principal Financial Officer Current
Espey Mfg. & Electronics Corp. Treasurer Current

Organization Position Status
Espey Mfg. & Electronics Corp. Assistant Treasurer Current

Organization Position Status
Espey Mfg. & Electronics Corp. Treasurer Current

Katrina L. Sparano, 37, Assistant Treasurer and Principal Accounting Officer of the Company since November 12, 2004. Ms. Sparano is a Certified Public Accountant. Prior to joining the Company on July 29, 2004, she was the Assistant Controller for Cambridge Heart, Inc.

Organization Position Status
Espey Mfg. & Electronics Corp. Assistant Treasurer and Principal Accounting Officer Current

Organization Position Status
Espey Mfg. & Electronics Corp. Attorney Current
Espey Mfg. & Electronics Corp. Board of Directors Current

Organization Position Status
Espey Mfg. & Electronics Corp. Public Accountant Current
Espey Mfg. & Electronics Corp. Chairman Current

Organization Position Status
Espey Mfg. & Electronics Corp. Assistant Treasurer Current

Certified Public who for five years acted as a consultant to the Company prior to his election as a Vice President Special projects on March 25, 1994. On December 6, 1997 Mr. Pinsley was elected to the position of Vice President-Investor Relations and Human Resources, from which he resigned on June 9, 1998. He continued as a non-executive officer through December 31, 2005. Mr. Pinsley was a practicing Certified Public Accountant in Saratoga Springs, New York since 1975, and is currently semi-retired.

Organization Position Status
Espey Mfg. & Electronics Corp. Board of Directors Current

President and CEO of UVEX Sports Inc. in Cranston R.I. From 1996 1999, he was President and CEO of HEAD USA Inc. Prior to that position, Mr. Helmetag was Executive Vice President and then President at Dynastar Inc. from 1978 to 1996. He is a MBA graduate from The Wharton School of Business, University of Pennsylvania.

Organization Position Status
Espey Mfg. & Electronics Corp. Board of Directors Current

Organization Position Status
Espey Mfg. & Electronics Corp. Board of Directors Current
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     ESP $19.03 +0.33 (1.76% )
Average Volume 6,380
Shares Outstanding 2.34M
Market Cap 44.4M
Year High 21.08
Year Low 13.05
Earnings Per Share 1.57
P/E Ratio 12.12
Dividend 0.90
Yield 4.73
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