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  September 5, 2001
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Home > Company Index > Manufacturing > Rubber & Plastic Products > Bandag, Incorporated

Bandag, Incorporated
NYSE: BDG
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 PROFILE
It might be a tired cliché to say that Bandag is on a roll, but the company deals in tires. Bandag's Traditional Business segment (60% of sales) makes precured tread rubber, as well as equipment and supplies for retreading tires for trucks, buses, cars, and industrial and off-road vehicles. The company's Tire Distribution Systems subsidiary sells new and retread tires to commercial and industrial customers. Bandag produces more than 500 varieties of tire tread. Its retreaded truck tires account for about 15% of the US market for replacement tires for light- and heavy-duty trucks. The US accounts for about 70% of sales. Chairman, president, and CEO Martin Carver and family control Bandag.

 COMPETITION
Bridgestone/Firestone, Inc. (dossier)
The Goodyear Tire & Rubber Company (GT)
Compagnie Générale des Établissements Michelin (ML)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 996.10
1-Yr. Sales Growth: (1.6)%
Employees: 4,330
Revenue per employee: $230,046.19

 KEY PEOPLE
• Martin G. Carver
    CEO
• Warren Heidbreder
    CFO

 CONTACT INFO
2905 N. Hwy. 61
Muscatine, IA 52761
US
Phone: 319-262-1400
Fax: 319-262-1284
Online: Web Site

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