| Business Summary | | MBC
Holding
Company
and
its
subsidiary,
brews,
packages
and
sells
beverage
products.
The
Company
operates
a
full-scale
brewery
in
Saint
Paul,
Minnesota,
producing
its
proprietary
Grain
Belt,
Pig's
Eye
and
Yellow
Belly
beers,
and
markets
these
beers
through
an
independent
distribution
network,
primarily
in
Minnesota.
The
Company
produces
beers
under
a
number
of
brand
names,
including
Grain
Belt,
Grain
Belt
Premium,
Grain
Belt
Light,
Grain
Belt
Premium
Light,
Pig's
Eye
Pilsner,
Pig's
Eye
Lean,
Pig's
Eye
Ice,
Pig's
Eye
Red,
Pig's
Eye
Non-alcoholic
and
Yellow
Belly.
The
Company
also
produces
other
beverages
under
contract
packaging
arrangements
and
private
label
contracts.
Under
its
contract
packaging
arrangements,
MBC
produces
beverages
for
separate
brewing
companies
according
to
those
brewers'
formulas.
Under
private
label
contracts,
MBC
packages
its
proprietary
beers
for
sale
by
third
parties
under
brand
names
owned
by
the
third
parties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MBRW,
a
holding
co.,
operates
a
full
scale
brewery
in
Saint
Paul,
MN
producing
its
proprietary
Grain
Belt,
Pig's
Eye,
Landmark,
Minnesota
Brew,
Yellow
Belly
and
Brewers
Cave
Beers
and
marketing
them
through
an
independent
distribution
network.
For
the
three
months
ended
3/01,
net
sales
fell
12%
to
$4.8
million.
Net
loss
applicable
to
Common
totalled
$639
thousand
vs.
an
income
of
$40
thousand.
Results
reflect
decreased
export
sales
and
higher
unabsorbed
labor
and
overhead
charges. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
8,061;
after
tax
earnings
were
-118. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Bruce Hendry, 58 Chairman | -- | John Lee, 42 Pres
and CEO | $124K | Michael Hime, 49 CFO,
VP-Fin. | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|