| Business Summary | | Universal
Automotive
Industries,
Inc.
is
a
manufacturer
and
distributor
of
brake
rotors,
drums,
non-asbestos
disc
brake
pads,
relined
brake
shoes,
brake
lining
and
hydraulic
parts
for
the
automotive
aftermarket.
The
Company
markets
approximately
50%
of
its
product
under
its
UBP
(Universal
Brake
Parts)
trademark
and
the
balance
under
its
customers'
private
labels.
The
Company
also
markets
a
line
of
brake
rotors
and
friction
products
under
its
Ultimate
trademark.
The
Company
supplies
a
wide
range
of
brake
components
to
all
levels
of
distribution.
Its
manufacturing
facilities
in
both
the
United
States
and
Canada
produce
brake
drums
and
rotors,
as
well
as
a
full
range
of
friction
products,
primarily
disc
brake
pads
and
brake
shoes.
The
Company
purchases
from
unaffiliated
vendors
those
products
required
to
complete
its
product
offering. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UVSL
specializes
in
the
distribution
and
manufacture
of
brake
rotors
and
other
brake
parts,
under
its
trademarks
``UBP-Univeral
Brake
Parts(TM)''
and
``Ultimate(TM)''
in
the
U.S.
and
Canada.
For
the
six
months
ended
6/30/01,
net
sales
fell
4%
to
$36
million.
Net
loss
totaled
$882
thousand
vs.
an
income
of
$178
thousand.
Results
reflect
the
downturn
experienced
in
the
automotive
aftermarket
and
a
$353
thousand
one-time
manufacturing
facilities
realignment
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Yehuda Tzur, 48 Chairman | $233K | Arvin Scott, 44 Pres,
CEO | 245K | Jerome Hiss, 50 CFO,
Sec. and Assistant Treasurer | 126K | Sami Israel, 59 VP | 150K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|