| Business Summary | | UFP
Technologies,
Inc.
designs
and
manufactures
a
broad
range
of
high-performance
cushion
packaging,
including
100%-recycled
molded
fiber
packaging
products
for
a
variety
of
industrial
and
consumer
markets.
The
Company
also
designs
and
manufactures
specialty
foam
products
and
engineered
specialty
foam
and
laminated
products.
Effective
January
14,
2000,
the
Company
purchased
Simco
Industries,
Inc.,
a
full-service
supplier
of
automotive
trim
components
using
its
patented
Superformed
process. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UFPT
designs
and
manufactures
high
performance
cushion
packaging
and
specialty
foam
and
plastic
products,
and
offers
precision
moulded
fibre
packaging
made
from
100%
recycled
paper.
For
the
three
months
ended
3/31/01,
sales
fell
7%
to
$17
million.
Net
loss
totaled
$368
thousand
vs.
an
income
of
$218
thousand.
Revenues
reflect
the
decline
in
sales
from
the
specialty
products
group.
Net
losses
reflect
plant
relocation
expenses
and
higher
expenses
as
a
percentage
of
sales. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
15,481;
after
tax
earnings
were
-269. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Shaw, 73 Chairman
of Directors | -- | R. Jeffrey Bailly, 39 Pres,
Chief Exec. Officer | $411K | Ronald Lataille, 39 CFO,
VP, Treasurer | 173K | Paul Brateris, 56 VP
Packaging Division | -- | David Cooper, 48 VP | 121K | 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
|
|