| Business Summary | | Glas-Aire
Industries
Group
Ltd.
(Glas-Aire)
designs,
develops,
manufactures
and
markets
sunroof
wind
deflectors,
hood
protectors,
rear
air
deflectors
and
door
visors
for
cars,
light
trucks
and
vans.
Glas-Aire
uses
plastics
(as
the
major
raw
material)
and
thermoforming
technology
to
produce
these
products.
The
Company
offers
its
customers
high
quality
product
design
and
development
capabilities.
The
Company
sells
its
products
in
the
United
States,
Canada,
Japan
and
the
United
Kingdom.
Glas-Aire's
products
are
used
in
a
diverse
and
growing
market,
comprised
of
all
automotive
aftermarket
accessories,
dealer-installed
accessories,
car
care
products
and
other
products
purchased
by
consumers
for
the
purpose
of
improving
their
vehicles'
appearance
and/or
performance. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Glas-Aire
Industries
Gruop
Ltd.
designs,
develops,
manufactures
and
sells
sunroof
wind
deflectors,
hood
protectors
and
rear
air
deflectors
for
cars,
light
trucks
and
vans.
For
the
comparable
three
months
ended
3/31/01,
revenues
rose
19%
to
$3
million.
Net
income
fell
14%
to
$148
thousand.
Revenues
reflect
the
sales
of
new
parts
and
increased
orders
from
existing
customers.
Earnings
were
offset
by
increased
direct
labor,
material
and
overhead
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Ponsoldt, Sr., 59 Chairman
and CEO | $11K | Alex Yie Wie Ding, 41 Pres,
COO, Treasurer | 133K | Omer Esen, 58 CFO,
VP-Operations and Gen. Mang. | -- | Linda Kwan, 55 Controller | -- | 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
|
|