| Business Summary | | Velcro
Industries,
N.V.
is
the
holding
company
for
the
Velcro
companies,
which
are
primarily
involved
in
the
manufacturing
and
marketing
of
Velcro,
Ultra-Mate,
Texacro
and
One-Wrap
brand
fasteners.
The
Company,
through
its
worldwide
subsidiaries,
offers
hundreds
of
different
hook
and
loop
products
and
fastening
systems.
Offerings
range
from
standard
fastening
tapes
of
woven
and
knit
construction,
through
custom-designed
specialty
fasteners
featuring
a
range
of
performance
characteristics,
materials,
sizes
and
shapes.
Recent
technical
developments
have
included
the
development
of
a
patented
molded
hook
fastener
called
Ultra-Mate
brand
HTH
(High
Technology
Hook),
which
can
be
manufactured
from
a
number
of
resins
and
engineered
to
achieve
specific
performance
characteristics. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Velcro
Industries,
N.V.
is
the
holding
company
for
the
Velcro
companies
which
are
primarily
involved
in
the
manufacturing
and
marketing
of
VELCRO,
ULTRA-MATE,
TEXACRO,
and
ONE-WRAP
brand
fasteners.
For
the
fiscal
year
ended
9/30/00,
revenues
rose
9%
to
$277.6
million.
Net
income
rose
16%
to
$39.3
million.
Revenues
reflect
increased
sales
in
the
diaper
market
and
other
core
businesses.
Net
income
reflects
a
lower
income
tax
rate
and
lower
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Robert Cripps | Chairman | A. John Holton | CEO
and Deputy Chairman | Peter Pelletier | Sec.,
Treasurer | Pauwla Van Sambeek-Ronde | Joint
Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|