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  September 5, 2001
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Home > Company Index > Materials & Construction > Waste Management & Recycling > Scope Industries

Scope Industries
AMEX: SCP
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 PROFILE
For Scope Industries, the road to success is littered with bread crumbs. More than 90% of the firm's revenues are generated by Dext, a major holding within the company's Waste Material Recycling division. Dext recycles bakery waste material into food for dogs, cats, cows, and poultry, as well as into bread crumbs sold to food processors to make products for human consumption. The division operates 16 processing plants and three collection depots. Scope Industries' Vocational School Group operates 12 Marinello Schools of Beauty in Southern California and Nevada. Minor interests in oil and gas royalties and real estate round out the firm's portfolio. Chairman and CEO Meyer Luskin owns nearly 58% of the company.

 COMPETITION
Archer Daniels Midland Company (ADM)
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ConAgra Foods, Inc. (CAG)

 DEALS
Deal: MetaProbe Secures $5 Million
Date Announced: 07.06.01
Value of transaction (US $Mil): 5
Description: Biotech product firm raises first-round of $5 million.

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 60.40
1-Yr. Sales Growth: 94.8%
Employees: 433
Revenue per employee: $139,491.92

 KEY PEOPLE
• Meyer Luskin
    CEO
• Eric Iwafuchi
    CFO

 CONTACT INFO
233 Wilshire Blvd., Ste. 310
Santa Monica, CA 90401
US
Phone: 310-458-1574
Fax: 310-451-5371

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