Jul. 7--NYSE: LDL

Headquarters: One Colonial Road, Manchester, Conn.

Founded: Lydall's roots reach back to the early 20th century; its operations on George Street in Green Island date to Manning Paper Co. in 1846. Lydall purchased Manning in 1986.

Activities: Develops and manufactures thermal and acoustical barriers, automotive heat shields, and insulation products that offer protection from extreme temperatures. The Green Island plant produces thermal and flame barriers, and electrical insulating and cryogenic super-insulating materials. It is Lydall's oldest operating unit.

Employees: 1,400, including 110 locally

Performance: Lydall's stock underperformed both the Standard & Poor's Smallcap 600 index and the Russell 2000 index over a five-year period. A $100 investment in Lydall in December 2002 dropped to $92.69 by year-end 2007; a similar investment rose to $210.38 on the Smallcap and to $212.26 on the Russell.

Special notes: In August, Dale Barnhart was named president and CEO, succeeding David Freeman, who then retired in October. Barnhart, formerly chief executive at Synventive Molding Solutions, is paid an annual base salary of $450,000.

Market outlook

Lydall reported first-quarter net income of $3.2 million, or 19 cents a diluted share, on net sales of $94.3 million. That compares with net income of $1.3 million, or 8 cents a share, on net sales of $83.7 million in the year-ago quarter. Company officials said continuing challenges from lower automobile production and weakness in the real estate market will affect its businesses.

Total shares of common stock outstanding as of Feb. 29 record date: 23,009,857

Price per share:

July 3: $12.68

Market value:

July 3: $210.3 million

52-week high: $15.82

52-week low: $8.32

Price/earnings ratio:

July 3: 19.21

2007 dividend per common share: $0

Stock holdings

Control of common stock by officers and directors: 605,002 (3.6%)

By executive officers and 1 inside director:

Dale Barnhart, 55, president and CEO: 30,000

Thomas Smith, 50, vice president and CFO: 74,475

Randall Byrd, 50, president, Lydall Thermal Acoustical Inc., North American Auto:18,011

Kevin Longe, 48, president, Performance Materials business: 19,769

Bertrand Ploquin, 43, president, Lydall Thermique/Acoustique S.A.S.: 46,383

By outside directors:Kathleen Burdett, 52, former vice president and CFO, Dexter Corp.: 25,933

W. Leslie Duffy, 68, partner, Cahill, Gordon & Reindel LLP: 49,352

Matthew Farrell, 51, CFO, Church & Dwight Co. Inc.: 24,811

Marc Giles, 52, president and CEO, Gerber Scientific Inc.: 0

William Gurley, 59, retired president and CEO, Stanadyne Corp.: 12,984

Suzanne Hammett, 52, executive vice president, Capital One Financial Corp.: 39,741

S. Carl Soderstrom Jr., 54, former senior vice president and CFO, ArvinMeritor Inc.: 25,933

By others:David Freeman, former president, CEO and director (retired in October): 131,507

John Tattersall, former president, Lydall Industrial Thermal Solutions Inc., Green Island (reigned in November): 44,383

Lee Asseo, former director (retired at April annual meeting): 59,389

Executive cashcompensation (2007)(salary + bonus + other pay)

D. Barnhart: $330,550

D. Freeman: $463,876

T. Smith: $394,320

R. Byrd: $437,531

K. Longe: $476,699

B. Ploquin: $569,054

J. Tattersall: $573,853 (includes severance of $274,408)

Total of top 7 compensated officers: $3,245,883

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