| Business Summary | | Polymer
Research
Corp.
of
America
is
principally
engaged
in
research
and
development
in
polymer
chemistry,
on
a
contract
basis,
particularly
in
the
application
of
chemical
"grafting,"
such
as
techniques
for
modification
of
organic
and
inorganic
substances.
The
Company
also
manufactures
and
sells
products
arising
from
research
activities
and
textile
printing
inks.
Polymers
are
essentially
compounds
of
high
molecular
weight,
such
as
plastics
and
resins.
The
Company
owns
10
patents
for
its
chemical
grafting
technology.
Chemical
grafting
refers
to
processes
by
which
surfaces
are
bonded
together,
or
a
coating
is
affixed
to
a
surface
or
in
depth,
through
various
polymerization
reactions.
Research
and
development
contract
work
for
specific
application
of
its
chemical
grafting
techniques
has
been
done
for
pharmaceutical
companies
and
manufacturers
of
industrial
equipment,
tires,
packaging
material,
pipes,
tubes
and
plastic
films
and
other
enterprises. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Polymer
Research
Corp.
of
America
engages
in
polymer
chemistry
research
and
development
on
a
contractual
basis
for
applications
of
chemical
``grafting''
for
surface
modification
of
organic
and
inorganic
substances.
PROA
also
manufactures
and
sells
textile
printing
inks.
For
the
six
months
ended
6/30/01,
total
revenues
increased
1%
to
$2.9
million.
Net
income
fell
from
$137
thousand
to
$284.
Results
reflect
an
increase
in
research
sales,
offset
by
an
increase
in
S/G/A
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Carl Horowitz, 77 Chairman,
Pres, CEO | $234K | John Ryan, 45 Exec.
VP, Corp. Research | 247K | Irene Horowitz, 77 Sr.
VP | 195K | Alice Horowitz, 41 VP
of Polymer West Branch | -- | Clare Chamow, 66 VP-Office
Management | -- | 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
|
|