| Business Summary | | Darling
International
Inc.
is
a
recycler
of
food
processing
by-products.
The
Company
collects
and
recycles
animal
processing
by-products
and
used
restaurant
cooking
oil.
In
addition,
the
Company
provides
grease
trap
collection
services
to
restaurants.
The
Company
processes
such
raw
materials
at
27
facilities
located
throughout
the
United
States
into
finished
products
such
as
tallow,
meat
and
bone
meal
and
yellow
grease.
Darling
sells
these
products
primarily
to
producers
of
various
industrial
and
commercial
oleo-chemicals,
soaps,
pet
foods
and
livestock
feed,
for
use
as
ingredients
in
their
products
or
for
further
processing
into
basic
chemical
compounds.
The
Company
creates
finished
products
primarily
through
the
drying,
grinding,
separating
and
blending
of
its
various
raw
materials.
The
process
starts
with
the
collection
of
animal
processing
by-products
and
used
restaurant
cooking
oil
from
meat
packers,
grocery
stores,
butcher
shops,
meat
markets,
poultry
processors
and
restaurants. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Darling
International
collects
and
processes
animal
by-products
and
used
restaurant
cooking
oil
to
produce
finished
products
of
tallow,
meat
and
bone
meal
and
yellow
grease.
DAR
also
provides
grease
trap
collection
services
to
restaurants.
For
the
26
weeks
ended
6/30/01,
revenues
fell
2%
to
$122.2
million.
Net
loss
from
continuing
ops
fell
12%
to
$6.9
million.
Revenues
reflect
a
decrease
in
overall
finished
goods
prices.
Lower
loss
reflects
lower
raw
material
prices. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Denis Taura, 61 Chairman,
CEO | $533K | James Ransweiler, 58 Pres,
COO, Director | 300K | John Muse, 52 Exec.
VP- Fin. and Admin. | 198K | Mitchell Kilanowski, 49 Exec.
VP of Marketing and Research | -- | Robert Willis, 61 VP-Operations | -- | Dollar
amounts are as of 1-Jan-2001 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
|
|