Last $3.61 USD
Change Today -0.16 / -4.24%
Volume 14.9K
TECU On Other Exchanges
As of 8:10 PM 10/17/14 All times are local (Market data is delayed by at least 15 minutes).

tecumseh products co (TECU) Snapshot

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01/23/14 - $9.30
52 Week Low
10/9/14 - $3.35
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Current Stock Chart for TECUMSEH PRODUCTS CO (TECU)

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tecumseh products co (TECU) Details

Tecumseh Products Company manufactures and sells hermetically sealed compressors. The company offers air conditioning and refrigeration compressors, as well as condensing units, heat pumps, and refrigeration systems. Its products are used in commercial refrigeration applications, including walk-in coolers and freezers, ice makers, dehumidifiers, water coolers, food service equipment and refrigerated display cases, and vending machines; household refrigerators and freezers; and residential and specialty air conditioning, and heat pumps comprising window air conditioners, packaged terminal air conditioners, and recreational vehicle and mobile air conditioners. The company also produces variable speed compressors for a range of mobile cooling applications that utilize battery and solar power, such as military, medical, telecommunications, aircraft, transportation, and automotive applications; and sub-assemblies, including indoor and outdoor condensing units, and multi-cell units. It market compressor and condensing unit products under the Tecumseh, Masterflux, Silensys, Celseon, and Vector brands. The company sells its products primarily through its sales staff, as well as independent sales representatives to original equipment manufacturers and authorized wholesale distributors in 103 countries. Tecumseh Products Company was founded in 1930 and is headquartered in Ann Arbor, Michigan.

5,800 Employees
Last Reported Date: 03/5/14
Founded in 1930

tecumseh products co (TECU) Top Compensated Officers

Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2013.

tecumseh products co (TECU) Key Developments

Tecumseh Products Company Appoints Harold Karp as President and Chief Executive Officer

Board of Tecumseh Products Company announced Harold Karp has been named President and Chief Executive Officer. Mr. Karp formerly served as the interim President and CEO since June 27, 2014.

Tecumseh Products Company Appoints Robert E. Rossiter to its Board of Directors and Compensation Committee

Tecumseh Products Company announced the addition of Mr. Robert E. Rossiter to its Board of Directors. On August 21, 2014, Tecumseh's Board increased the current size of its Board of Directors from five to six members and appointed Robert E. Rossiter as a director to fill the newly-created vacancy, effective immediately. Mr. Rossiter has also been appointed to the Compensation Committee. Mr. Rossiter retired as chief executive officer, president and director of Lear Corporation, on May 31, 2012. He also served as a director of Lear from 1988 until May 2012.

Tecumseh Products Company Appoints Jerry L. Mosingo as Executive Officer

As of August 4, 2014, Tecumseh Products Company's board of directors approved the appointment of Jerry L. Mosingo, executive vice-president operations, as an executive officer of the company, reporting directly to the president and chief executive officer. Mr. Mosingo has served as executive vice-president operations since January 2014. Prior to joining the company, Mr. Mosingo was an independent consultant through Mosingo & Associates LLC.


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Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 0.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

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