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Home > Company Index > Manufacturing > Rubber & Plastic Products > Baltek Corporation

Baltek Corporation
Nasdaq: BTEK
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 PROFILE
Baltek knows that building model airplanes and boating on the weekend can fuel large appetites. In addition to farming shrimp, Baltek supplies materials including balsa wood, PVC foam products, and nonwoven polyester mats, to manufacturers for use as lamination between fiberglass or metal skins. The sandwich structures are used in fiberglass boats, aircraft flooring, and other applications. The hobby industry uses Baltek's balsa wood for model airplanes. The wood is produced in Ecuador, where Baltek also farms and processes shrimp for sale in the US and Europe. Baltek's core materials are sold throughout the Americas, Europe, and the Pacific Rim. Brothers Jacques and Jean Kohn own about 32% of the company.

 COMPETITION
British Vita PLC (BVIT)
Glassmaster Company (GLMA)
Seaboard Corporation (SEB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 89.10
1-Yr. Sales Growth: 3.6%
Employees: 1,313
Revenue per employee: $67,859.86

 KEY PEOPLE
• Jacques Kohn
    CEO
• Ron Tasselo
    CFO

 CONTACT INFO
10 Fairway Ct.
Northvale, NJ 07647
US
Phone: 201-767-1400
Fax: 201-387-6631
Online: Web Site

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