| | Business Summary | | Clarion
Technologies
Inc.
is
a
full-service
custom
injection
molder,
providing
rapid
prototyping
and
design
models,
mold
design
and
engineering
services,
mold
manufacturing,
injection
molding,
and
post-molding
assembly
to
a
diverse
base
of
customers
in
the
automotive,
heavy
truck,
office
furniture,
and
consumer
goods
industries.
The
Company
produces
injection
molded
plastic
products
for
its
customers
on
a
contract
basis
and
does
not
sell
proprietary
products
to
the
general
marketplace. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | CLAR
through
its
subsidiary
Clarion
Plastics,
is
engaged
in
the
injection
molding
of
plastic
products
for
a
variety
of
industries.
For
the
three
months
ended
3/31/01,
sales
rose
15%
to
$28.8
million.
Net
loss
applicable
to
Common
rose
from
$468
thousand
to
$5.7
million.
Sales
reflect
the
Drake
acquisition
and
higher
volumes
at
the
Montpelier
facility.
Higher
loss
reflects
lower
gross
margins,
higher
SGA
and
interest
expenses
and
$1.5
million
in
costs
related
to
the
closing
of
the
Greenville
facility. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
27,723;
after
tax
earnings
were
-13,953. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Craig Wierda, 40
Chairman | -- | William Beckman, 53
Pres | $245K | Mark Copping
CFO | -- | Jeffrey Anonick, 40
Bus.
Strategy Consultant | 210K | Thomas Wallace, 46
COO | -- | | Dollar
amounts are as of 30-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/clar.gif)