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Sunday, December 6, 2009, 3:57AM ET - U.S. Markets Closed. Dow Up 0.22% Nasdaq Up 0.98%
Team Inc. (TISI)On Dec 4: 18.87  Up 0.94 (5.24%)  
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Team Inc.
200 Hermann Drive
Alvin, TX 77511
United States - Map
Phone: 281-331-6154
Fax: 281-388-5597
Web Site: http://www.teamindustrialservices.com

DETAILS 
Index Membership:N/A
Sector:Services
Industry:Business Services
Full Time Employees:3,400

BUSINESS SUMMARY 
Team, Inc. provides specialty maintenance and construction services for maintaining high temperature and high pressure piping systems and vessels that are primarily utilized in heavy industries. It offers leak repair services, such as on-stream repairs of leaks in pipes, valves, flanges, and other parts of piping systems and related equipment; hot tapping services comprising line-stop and freeze-stop; emissions control services, including identification, monitoring, data management, and reporting services for the chemical, refining, and natural gas processing industries; and field machining services, which consist of the use of machining equipment to repair or modify machinery, equipment, vessels, and piping systems, as well as offers flange facing, pipe cutting, line boring, journal turning, drilling, and milling services. The company also provides technical bolting services, including the use of hydraulic or pneumatic equipment with industry bolt tightening techniques to leak-free connections, plant maintenance, and expansion projects, as well as offers bolt disassembly and hot bolting services. In addition, it offers field valve repair services comprising on-site repairs to manual and control valves, pressure, and safety relief valves, as well as specialty valve actuator diagnostics and repair; non-destructive testing services, which consist of the inspection and evaluation of piping, piping components, and equipment; and field heat treating services, such as electric resistance and gas-fired combustion. Team, Inc. serves the petrochemical, refining, power, pipeline, pulp and paper, steel, shipbuilding, original equipment manufacturers, distributors, and engineering and construction firms, as well as municipalities and end users. It operates in the United States, Aruba, Belgium, Canada, Singapore, the Netherlands, Trinidad, and Venezuela. The company was founded in 1973 and is headquartered in Alvin, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Team Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 97.3% of Russell 3000 companies and 93.8% of Commercial & Professional Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Philip J. Hawk , 55
    Exec. Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 770.00K $ 1.61M
    Mr. Ted W. Owen , 57
    Chief Financial Officer, Principal Accounting Officer, Sr. VP and Treasurer
    $ 405.00K $ 0
    Mr. Arthur F. Victorson , 47
    Sr. VP of TCM Division
    $ 390.00K $ 286.00K
    Mr. David C. Palmore , 53
    Sr. VP of TMS Division
    $ 380.00K $ 545.00K
    Mr. Peter W. Wallace , 46
    Sr. VP of Commercial Support & Bus. Devel.
    $ 350.00K $ 0
    Dollar amounts are as of 31-Dec-09 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.
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