| Business Summary | | Acorn
Products,
Inc.
is
the
holding
company
for
its
wholly
owned
subsidiary,
UnionTools,
Inc.
UnionTools
is
a
designer,
manufacturer
and
marketer
of
branded
non-powered
lawn
and
garden
products.
Its
primary
business
is
the
manufacturing,
marketing
and
distribution
of
garden
tools
through
mass-market
and
other
distribution
channels
in
the
United
States.
The
Company
also
sells
its
products
to
professional
and
commercial
end
users
through
distributors
and
industrial
supply
outlets.
Its
principal
products
include
long-handle
tools
such
as
shovels,
forks,
rakes
and
hoes,
snow
tools,
posthole
diggers,
wheeled
goods
such
as
wheelbarrows
and
hand
carts,
striking
tools,
cutting
tools,
hand
tools
and
repair
handles.
In
addition,
the
Company
manufactures
and
supplies
private-label
products
for
a
variety
of
customers,
including
products
sold
to
Sears
under
the
Craftsman
brand
name
and
Ace
Hardware
under
the
Ace
brand
name. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Acorn
Products,
Inc.
is
a
manufacturer
and
marketer
of
non-powered
lawn
and
garden
tools
and
sells
its
products
through
a
variety
of
distribution
channels.
Acorn
also
manufactures
private
label
products
for
retailers.
For
the
six
months
ended
7/1/01,
net
sales
fell
24%
to
$57.7
million.
Net
income
totaled
$880
thousand
vs.
a
loss
of
$4.3
million.
Revenues
reflect
decreased
sales
of
long
handled
tools.
Net
income
reflects
lower
manufacturing
costs
and
reductions
in
personnel. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Abbott, 69 Chairman | -- | A. Meyer, 46 Pres,
CEO | $320K | Gary Zimmerman, 43 Sr.
VP | 164K | John Jacob, 41 VP
and CFO | 224K | Carol LaScala, 41 VP-human
resources | 113K | Dollar amounts are as of 30-July-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
|
|