0.13
—
Close of 30 Oct 2026, in USD
About Productivity Technologies
Its shares trade under the ticker PRAC. It has been listed since 28 June 1994. In the fiscal year to 30 June 2004, it reported revenue of $28.2m and net income of $720,536. At that date it held total assets of $20.3m and shareholders' equity of $3.3m.
Productivity Technologies Corp. engages in the manufacture and sale of equipment for the automation of metal stamping press operations. The company is headquartered in Ann Arbor, Michigan. The company is also a provider of engineering services. The firm operates its business through its wholly owned subsidiaries, Atlas Technologies, Inc. (Atlas) and Westland Control Systems, Inc. (Westland). Atlas manufactures and supplies quick die change, flexible transfer and stacking/destacking equipment used to automate automotive and other metal stamping operations. Atlas primarily sells its products to automobile and automotive parts manufacturers and appliance manufacturers. Westland designs, manufactures and field installs custom electrical control panels primarily for use in production machinery and machine tools utilized in automotive, adhesive and sealant, food processing and other industrial applications. In March 2004, Atlas formed a German subsidiary, Atlas Technologies, GmbH, in order to facilitate its operations in Europe.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 28 Jun 1994
- Employees
- 160
Leadership
Pay as last reported
- Samuel SeidmanChairman of the Board, President, Chief Executive Officer, since 1993$120,000
- Jesse LevineChief Financial Officer, Vice President, Secretary, Treasurer and Director, since 1993
- William RognerChief Executive Officer of Atlas Technologies, Inc$150,000
- Robert CuccaroVice President, Controller; President of Westland Control Systems, Inc.$103,000
- Michael AustinSVP - Strategic Planning and Marketing, President - Atlas Technologies, Inc, Director$203,770
- Mr. Alan FosterDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Productivity Technologies Corp has a strong reputation in the market, known for delivering high-quality products and services.
- The company has a skilled and experienced workforce, enabling efficient operations and innovative solutions.
- Productivity Technologies Corp possesses a diverse portfolio of products, allowing it to cater to various industry needs.
- The company has established strategic partnerships and collaborations, enhancing its market presence and expanding its reach.
Weaknesses
- Productivity Technologies Corp may face challenges in adapting to rapidly changing technologies and industry trends.
- The company's dependency on a limited number of key clients poses a potential risk to revenue stability.
- Internal communication and coordination between different departments could be improved for more streamlined operations.
- Productivity Technologies Corp lacks strong brand recognition compared to some of its competitors.
Opportunities
- The growing demand for technology-driven solutions presents an opportunity for Productivity Technologies Corp to expand its market share.
- Entering new geographic markets or expanding existing ones can open up avenues for further growth and increased profitability.
- Collaborating with emerging startups and innovative companies could lead to the development of cutting-edge products and services.
- Productivity Technologies Corp can leverage advancements in artificial intelligence and automation to enhance efficiency and offer unique solutions.
Threats
- Intensifying competition in the industry could potentially impact Productivity Technologies Corp's market position and profitability.
- Economic downturns or recessions may lead to reduced client spending and a decline in demand for the company's products and services.
- Rapidly evolving cybersecurity threats pose risks to the confidentiality and integrity of Productivity Technologies Corp's systems and data.
- Changes in governmental regulations and policies can create compliance challenges and impact business operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.