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Furmanite Corporation (FRM)

10.14 Down 0.13(1.27%) 12:40PM EDT - NYSE Real Time Price
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Furmanite Corporation
10370 Richmond Avenue
Suite 600
Houston, TX 77042
United States - Map
Phone: 713-634-7777

Index Membership:N/A
Industry:Technical Services
Full Time Employees:3,110

Business Summary 

Furmanite Corporation, together with its subsidiaries, provides specialized technical services. It operates in two segments, Technical Services and Engineering & Project Solutions. The Technical Services segment offers on-line services, including leak sealing, hot tapping, line stopping, line isolation, composite repair, valve testing, and non-destructive testing and inspection; off-line services, such as on-site machining, heat treatment, bolting, valve repair, and other non-destructive testing and inspection services; and other services comprising smart shim services, concrete repair, engineering services, valve and other products, and manufacturing. This segment offers its services and products primarily to petroleum refineries, chemical plants, pipelines, offshore drilling and production platforms, steel mills, food and beverage processing facilities, power generation, and other flow-process industries. The Engineering & Project Solutions segment provides project planning, professional engineering, downstream non-destructive testing and inspection, construction management, mechanical integrity, field support, quality assurance, plant asset management, and other inspection and project management services. This segment offers its services to refining and petrochemical operators, as well as maintenance, and engineering and construction contractors servicing the downstream and midstream oil and gas markets. Furmanite Corporation operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company was formerly known as Xanser Corporation and changed its name to Furmanite Corporation in May 2007. Furmanite Corporation was founded in 1952 and is headquartered in Houston, Texas.

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Corporate Governance 
Furmanite Corporation’s ISS Governance QuickScore as of Jul 1, 2014 is 9. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 10; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Charles R. Cox , 71
Chairman and Chief Exec. Officer
Mr. Joseph E. Milliron , 59
Pres and Chief Operating Officer
Mr. Robert S. Muff , 54
Chief Financial Officer, Principal Accounting Officer and Controller
Mr. William Fry , 39
Sec. and Gen. Councel
Mr. John Tomasso , 58
VP of Legal & Admin.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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