| FUELCELL ENERGY INC
www.fuelcellenergy.com |
| Industry
Group Code: 333298 |
Ranks
within this company's industry group: |
Sales: 2 |
Profits:11 |
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| BUSINESS
ACTIVITIES: ("Y" = Yes) |
| Hydrogen: |
| Fuel Cells: |
Y |
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| TYPES
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GROWTH
PLANS/SPECIAL FEATURES |
Fuel Cell Technology
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FuelCell
Energy, Inc. has developed a proprietary patented
carbonate fuel cell utilized for stationary power
generation. Significant funding for the organization
comes from the United States Department of Energy,
the Department of Defense and the Environmental Protection
Agency, as well as other outside sources. FuelCell
Energy’s patented fuel cell technology is known
as the Direct FuelCell, because it introduces hydrocarbon
fuel, such as pipeline natural gas, directly into
the fuel cell without requiring external reforming
for producing hydrogen. This one-step operation results
in a more efficient, simpler and more cost-effective
energy conversion system compared with most other
fuel cells, which utilize complex external reforming
equipment to convert fuel to hydrogen. Products are
designed to meet the power requirements of a wide
range of customers, such as utilities, industrial
facilities, data centers, shopping centers, wastewater
treatment plants, office buildings, hospitals, universities
and hotels. The core power plants range from 250kW
to 10MW. The company has received recent contracts
for Direct FuelCell technology for power plants in
Japan, France and California. FuelCell Energy has
also supplied Direct FuelCell technology to the U.S.
Army, the Sheraton New York Hotel and the 2004 Democratic
National Convention. The company services 40 power
plant sites around the world that have generated over
78 million kilowatt hours..
FuelCell Energy provides its employees with life,
medical and dental insurance. |
| BRANDS/DIVISIONS/AFFILIATES: |
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Direct FuelCell |
CONTACTS:
Note:
Officers with more than one job title may be intentionally
listed here more than once. |
Jerry D. Leitman, CEO
R. Daniel Brdar, COO
R. Daniel Brdar, Pres.
Joseph G. Mahler, Sr. VP/CFO
Herbert T. Nock, Sr. VP-Mktg. & Sales
Hansraj C. Maru, Exec. VP/Chief Tech. Officer
Joseph G. Mahler, Treas.
Christopher R. Bentley, Exec. VP
Jerry D. Leitman, Chmn.
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| Phone:
203-825-6000 |
Fax:
203-825-6100 |
| Toll-Free:
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| Address: 3
Great Pasture Rd., Danbury, CT 06813 US |
| Internet
Address: www.fuelcellenergy.com |
| FINANCIALS:
Sales and profits are in thousands of dollars-add 000
to get the full amount. 2005 note: Financial information
for 2005 were not available for all companies at press
time. |
2005
Sales: $
2004 Sales: $31,386
2003 Sales: $33,790
2002 Sales: $41,200
2001 Sales: $26,200 |
2005
Profits: $
2004 Profits: $-86,443
2003 Profits: $-67,414
2002 Profits: $-48,800
2001 Profits: $-15,400 |
Employees:
346
Fiscal Year Ends: 10/31
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| SALARIES/BENEFITS: |
| Pension
Plan: Y |
ESOP
Stock Plan: |
Profit
Sharing: |
Top
Exec. Salary: $388,250 |
Bonus:
$186,000 |
| Savings
Plan: Y |
Stock
Purch. Plan: |
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Second
Exec. Salary: $274,673 |
Bonus:
$65,750 |