PROFILE |
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ARC International is skating on thin ice. Though its interests include a stake in cable equipment provider Cabletel Communications (about 55% of sales) and an ice rink sporting supply subsidiary (about 30%), most of ARC's headaches are coming from its skating rinks (about 15%). ARC, which operates ice rinks in Maryland, Virginia, and Michigan, doesn't have enough cash to pay its debts. The company sold its three Toronto-area rinks and its 26% stake in Ballantyne of Omaha, a maker of motion picture projection and lighting equipment. ARC owns nearly half of Cabletel, which supplies broadband equipment in Canada. Due to financial problems, ARC was placed in receivership in 2000.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 65.50
1-Yr. Sales Growth: 14.3%
Employees: 400
Revenue per employee: $163,750.00
KEY PEOPLE |
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Roy B. Brown
CEO
CONTACT INFO |
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4000 Chesswood Dr.
Downsview Ontario M3J 2B9, Canada
Phone: 1-416-630-0200
Fax: 1-416-630-4414
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