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  September 5, 2001
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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Rockford Corporation

Rockford Corporation
Nasdaq: ROFO
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 NEWS FROM THE WIRES
Rockford agrees to acquire Audio Innovations
Jul 16 2001 01:26 PM PDT

Rockford agrees to acquire Audio Innovations
Jul 16 2001 01:26 PM PDT

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 PROFILE
If you feel a teenager coming around the block, you might thank (or blame) Rockford. The company makes high-end car audio systems, targeting males ages 16 to 24 who like to crank it up. Rockford's car products include amplifiers (#1 in US), speakers, sub woofers, and accessories under the Rockford Fosgate name. Professional products for theaters, studios, and concert venues are sold under the Hafler brand; home electronics use the Fosgate Audionics name. Rockford sells worldwide through catalogs, the Internet, distributors, and retailers (Best Buy accounts for about 17% of sales). Jim Fosgate started Rockford in 1973. The Bartol family, including directors Timothy and Nicholas, owns about 46% of the company.

 COMPETITION
Harman International Industries, Incorporated (HAR)
Kenwood Corporation (dossier)
Pioneer Corporation (PIO)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 144.60
1-Yr. Sales Growth: 16.7%
Employees: 515
Revenue per employee: $280,776.70

 KEY PEOPLE
• W. Gary Suttle
    CEO
• James M. Thomson
    CFO

 CONTACT INFO
546 S. Rockford Dr.
Tempe, AZ 85281
US
Phone: 480-967-3565
Fax: 480-966-3983
Online: Web Site

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