| Business Summary | | Polymer
Solutions,
Inc.
(PSI)
develops,
manufactures
and
distributes
paints,
coatings
and
adhesives
to
various
industries,
on
a
national
basis.
PSI
has
developed
and
produced
a
unique
suite
of
high
performance,
low
VOC,
and
environmentally
sound
products
that
have
performance
characteristics
that
meet
or
exceed
the
traditional
products
used
in
the
coatings
industry.
PSI
develops
and
manufactures
proprietary
coatings
and
adhesives
and
markets
them
to
a
wide
range
of
users.
The
Company
utilizes
polymer
chemistry
and
in-house
developed
techniques
to
provide
competitively
priced
products
that
meet
or
exceed
all
existing
and
proposed
governmental
clean-air
regulations,
while
delivering
performance
and
handling
characteristics
superior
to
existing
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PYSU
is
engaged
in
the
development
and
sale
of
advanced
polymer-based
coatings,
sealants,
and
adhesives
to
industrial
users
in
primarily
California
and
neighboring
states.
For
the
three
months
ended
6/30/01,
sales
decreased
6%
to
$3.7
million.
Net
income
rose
21%
to
$190
thousand.
Revenues
reflect
a
negative
impact
from
the
slowdown
economy.
Earnings
reflect
a
decrease
in
SG&A
expenses
and
lower
interest
cost. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Gordon Ellis, 53 Chairman | -- | E. Laughlin Flanagan, 52 Pres,
CEO, Director | $168K | William Maligie, 42 Director;
Pres, CEO of AMT USA | 129K | Darryl Jones, 46 Sec.,
Treasurer, Director | -- | Craig Pollock, 39 VP
of Sales and Marketing of AMT USA | 105K | Dollar amounts are as of 31-Mar-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
|
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