| Business Summary | | Gentex
Corporation
designs,
develops,
manufactures
and
markets
proprietary
electro-optical
products,
specifically
automatic
rearview
mirrors
for
the
automotive
industry
and
fire
protection
products
for
the
commercial
building
industry.
The
Company
markets
its
automatic
rearview
mirrors
to
domestic
and
foreign
automotive
manufacturers
under
the
trademarks
Night
Vision
Safety
(NVS)
Mirrors.
The
Company's
exterior
NVS
Mirror
Sub-Assemblies
are
sold
to
General
Motors,
Ford
and
DaimlerChrysler
AG
by
means
of
sales
to
exterior
mirror
suppliers.
The
Company
also
manufactures
over
60
different
models
of
smoke
alarms
and
smoke
detectors,
combined
with
over
160
different
models
of
signaling
appliances.
These
products
are
sold
directly
to
fire
protection
and
security
product
distributors,
electrical
wholesale
houses
and
to
original
equipment
manufacturers
of
fire
protection
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Gentex
Corp.
designs,
develops,
manufactures
and
markets
proprietary
products
employing
electro-optic
technology
in
two
product
lines:
automatic
rearview
mirrors
and
fire
protection
products.
For
the
six
months
ended
6/30/01,
net
sales
rose
4%
to
$156.5
million.
Net
income
fell
9%
to
$33.4
million.
Revenues
reflect
increased
penetration
of
NVS
Mirrors.
Earnings
were
offset
by
increased
R&D
costs
due
to
additional
staffing
and
engineering
for
new
products. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Fred Bauer, 58 Chairman
and CEO | $367K | -- | Kenneth La Grand, 60 Exec.
VP, Director | 270K | $859K | Garth Deur, 44 Sr.
VP | -- | -- | Enoch Jen, 49 VP-Fin.,
Treasurer | 184K | 325K | John Mulder, 64 VP-
Customer Relations, Director | -- | -- | 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
|
|