| Business Summary | | Alford
Refrigerated
Warehouses,
Inc.
is
the
largest
public
refrigerated
warehousing
operation
in
the
southwest
United
States.
The
Company
operates
a
network
of
four
strategically
located
refrigerated
warehouse
facilities
in
Texas,
with
a
total
area
of
1.5
million
square
feet
or
33
million
cubic
feet
of
storage
space.
The
Company's
public
warehouse
business
consists
of
providing
customers,
which
include
food
processors,
distributors,
wholesalers
and
retailers,
with
temperature
controlled
storage
services
and
a
full
range
of
logistics
management
and
other
value-added
services.
Value-added
services
include
blast
freezing
of
fresh
products;
repackaging
and
labeling
of
food
products;
order
picking
and
load
consolidation;
cross-docking;
container
handling;
importing
and
exporting
services;
USDA
approved
storage
and
inspection
services;
and
Federal
Government
inspected
facility
for
export. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Alford
Refrigerated
Warehouses
operates
a
network
of
four
refrigerated
warehouse
facilities
in
Texas,
providing
customers
with
temperature
controlled
storage
services
and
a
range
of
logistics
management
and
other
services.
For
the
nine
months
ended
9/30/00,
revenues
fell
14%
to
$10
million.
Net
income
totalled
$1.6
million,
up
from
$674
thousand.
Revenues
reflect
the
sale
of
the
La
Porte
facility.
Net
income
reflects
a
$2.8
million
gain
on
sale
of
properties. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Alton Adams, 61 CEO | $96K | Michael Oros, 64 Pres,
Director | 125K | James Williams, 42 VP,
CFO, Sec., Treasurer | -- | Dollar amounts are as of 31-Dec-1999 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
|
|