| Business Summary | | Advanced
Environmental
Recycling
Technologies,
Inc.
develops,
manufactures
and
markets
composite
building
materials
that
can
be
used
as
an
alternative
to
traditional
wood
products
for
exterior
applications
in
building
and
remodeling
homes.
The
Company
uses
waste
wood
fiber
and
reclaimed
polyethylene
plastics
as
its
raw
materials.
The
Company's
products
are
comprised
of
approximately
equal
amounts
of
wood
and
plastic,
have
been
extensively
tested
and
are
used
by
several
companies,
such
as
the
Weyerhaeuser
Company
and
Therma-Tru.
The
Company's
products
are
marketed
under
the
LifeCycle,
MoistureShield,
ChoiceDek
Classic
and
ChoiceDek
Plus
names.
The
Company's
decking
distribution
is
with
Weyerhaeuser
Building
Materials
Distribution.
The
Company
has
recently
introduced
an
exterior
trim
system
under
the
name
MoistureShield
CornerLoc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AERTA
develops
and
manufactures
a
line
of
composite
building
materials
from
reclaimed
plastic
and
wood
fiber
waste
for
certain
specialized
applications
in
the
construction
industry.
For
the
six
months
ended
6/30/01,
revenues
rose
16%
to
$16
million.
Net
income
applicable
to
Common
totaled
$39
thousand
vs.
a
loss
of
$481
thousand.
Revenues
reflect
higher
sales
of
ChoiceDek(R)
Class
products.
Net
income
also
reflects
improved
efficiencies. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| Joe Brooks, 45 Chairman,
Co-CEO, Interim Pres | $105K | $40K | Stephen Brooks, 44 Co-CEO | -- | -- | Sal Miwa, 44 Vice-Chairman | -- | -- | Edward Lysen, 63 CFO | -- | -- | Jim Precht, 55 Exec.
VP of Sales and Marketing | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|