PROFILE |
 |
Safelite Glass is an expert at fixing cracks in your windshield, but its business plan may be in more serious need of repair. The auto glass company runs more than 700 Safelite AutoGlass service centers in all 50 states and about 80 auto glass warehouses. It makes windshields; provides window tinting; and sells and installs sunroofs, wipers, and truck backslider windows. Safelite serves auto dealers, car rental agencies, body shops, and insurance and fleet companies. Heavy debt led Safelite to file for Chapter 11 bankruptcy in 2000; it plans to restructure. Founded in 1947, Safelite merged with rival Vistar in 1997. Safelite is 90%-owned by a 35-bank syndicate.
COMPETITION |
 |
Apogee Enterprises, Inc. (APOG)
Guardian Industries Corp. (dossier)
PPG Industries, Inc. (PPG)
|
 |
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: March
2000 Sales (mil.): 859.00
1-Yr. Sales Growth: (2.0)%
Employees: 6,100
Revenue per employee: $140,819.67
KEY PEOPLE |
 |
John F. Barlow
CEO
Douglas A. Herron
CFO
CONTACT INFO |
 |
1105 Schrock Rd.
Columbus, OH 43229
US
Phone: 614-842-3000
Fax: 614-842-3180
Online: Web Site
|