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  September 5, 2001
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Home > Company Index > Automotive & Transport Equipment > Auto Parts > CRAGAR Industries, Inc.

CRAGAR Industries, Inc.
OTC: CRGR
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 PROFILE
It only took the failure of one major customer to put Cragar Industries in wheel trouble. Its largest customer, Super Shops, Inc., went under in 1997, leaving Cragar holding a fistful of unpaid invoices. In 1999 Cragar struck the first in a series of deals to outsource the production of its chrome, steel, and aluminum wheels. The company's aftermarket wheels were for years the ultimate statement of street-rod cool. The company also made wheels for motorcycles and race cars. Today the manufacture, sales, and marketing of Cragar wheels are licensed to three companies (Weld Racing, Inc.; Carlisle Companies, Inc.; and Performance Wheel Outlet, Inc.) in exchange for royalties.

 COMPETITION
Mark III Industries, Inc. (dossier)
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Titan International, Inc. (TWI)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.80
1-Yr. Sales Growth: (94.1)%
Employees: 3
Revenue per employee: $266,666.67

 KEY PEOPLE
• Michael L. Hartzmark
    CEO
• Richard P. Franke
    CFO

 CONTACT INFO
7373 N. Scottsdale Rd, Suite B-274
Scottsdale, AZ 85253
US
Phone: 480-596-5483
Fax: 480-596-9290
Online: Web Site

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