Summary

Hoover Conveyor & Fabrication Corp.

Founded in 1984

Description

Hoover Conveyor & Fabrication Corp. is the leading manufacturer of conveyors, radial stackers, channel frames, belt feeders and complete plants. Hoover has been serving the mining industry since 1984, fabricating quality material handling systems found...

Strengths

  • Revenue growth is more steady than the industry average

Weaknesses

  • Hoover Conveyor & Fabrication Corp. has a very small market share in their industry
  • Revenue generated per employee is less than the industry average
  • Revenue growth is less than the industry average
  • The number of employees is not growing as fast as the industry average
  • Since Hoover Conveyor & Fabrication Corp. was founded, the company has experienced slower revenue growth than the industry average

Annual Revenue

Hoover Conveyor & Fabrication Corp.'s annual revenue

$4306000

Based on Kona Equity data

  • Revenue per employee

    $195727

  • Variance of revenue growth

    0.03

  • Annual revenue growth since founding

    $113315

  • Revenue growth rate from first known quarter to current

    -28.2%

Employee Count

22 employees

  • Employee growth rate from first known quarter to current

    -26.7%

Executives

Melanie Hoover

Co-Owner

m**@hooverconveyor.com

G Score - 1

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G5 Variance of revenue growth is less than the industry average

Location

262 INDUSTRIAL PARK Rd. 
Meyersdale, PA  15552

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Key Information

  • Name: Hoover Conveyor & Fabrication Corp.
  • Category: Machinery
  • Industry: Mining Equipment
  • SIC: 35
  • NAICS: 3339; 333
  • Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Hoover Conveyor & Fabrication Corp..

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