| Business Summary | | ChinaB2BSourcing.com
Inc.
conducts
business
through
three
wholly
owned
subsidiaries:
International
Plastic
Technologies,
Inc.
(IPT),
which
does
business
as
International
Smart
Sourcing
and
ChinaB2BSourcing;
Electronic
Hardware
Corp.
(EHC);
and
Compact
Disc
Packaging
Corp.
(CDP).
IPT
specializes
in
assisting
small
to
mid-size
companies
substantially
reduce
their
cost
of
manufacturing
by
out
sourcing
work
to
China.
The
Company's
product
specialization
includes
tooling,
injection
molding
and
secondary
operations,
castings,
mechanical
assemblies,
electromechanical
assemblies
and
metal
stampings.
EHC
markets
and
manufactures
injection
molded
plastic
components
used
in
industrial,
consumer,
and
military
products.
CDP
has
an
exclusive
international
licensing
agreement
to
manufacture,
market,
sell,
and
sub-license
the
Pull
PacK,
a
proprietary
Disc
packaging
system. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ISMT
designs,
markets
and
manufactures
injection
molded
plastic
components
and
assemblies,
including
industrial,
consumer,
and
military
knobs
and
custom
and
mechanical
assemblies.
For
the
six
months
ended
6/29/01,
sales
rose
33%
to
$4.7
million.
Net
loss
fell
48%
to
$525
thousand.
Revenues
reflect
the
continuation
of
the
contract
with
the
Defense
Supply
Center
and
an
increase
in
volume
by
IPT.
Lower
loss
reflects
a
decrease
in
selling
shipping,
general,
administrative
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| David Kassel, 65 Chairman | $58K | Andrew Franzone, 63 CEO
and Pres, Director | 147K | David Hale COO | -- | Harry Goodman, 74 VP,
Sec. | 58K | Dollar amounts are as of 29-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
|
|