| Business Summary | | Decora
Industries,
Inc.
(DII)
is
a
worldwide
manufacturer
and
marketer
of
self-adhesive,
branded,
consumer
decorative
products.
DII
operates
through
its
wholly
owned
subsidiaries,
Decora,
Incorporated
and
Decora
Industries
Deutschland
GmbH.
The
main
emphasis
of
DII
and
its
subsidiaries
is
the
worldwide
development
of
its
branded,
self-adhesive
consumer
decorative
products
and
of
specialty
industrial
and
commercial
products,
utilizing
proprietary
adhesive
systems
and
coating
technologies.
The
Company
markets
its
consumer
products
primarily
under
the
Con-Tact
and
d-c-fix
brands.
These
two
consumer
brands
are
considered
to
be
two
of
the
most
recognized
brands
of
such
products
in
the
world,
especially
in
the
United
States
and
Europe.
In
December
2000,
the
Company
filed
a
petition
for
relief
under
Chapter
11
of
the
Bankruptcy
Code
in
the
United
States
Bankruptcy
Court
in
Delaware. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DECO
develops,
manufactures
and
sells
self-adhesive
decorative
products
and
specialty
industrial
and
commercial
products,
utilizing
pressure-sensitive
adhesive
and
release
systems
and
its
Wearlon(R)
coating
technologies.
For
the
six
months
ended
9/30/00,
revenues
decreased
11%
to
$78
million.
Net
loss
totaled
$11.5
million
vs.
an
income
of
$582
thousand.
Revenues
reflect
a
decrease
in
net
sales
at
Hornschuch.
Net
loss
also
reflects
a
decreased
gross
profit
margin. Recent Earnings Announcement For
the
3
months
ended
09/30/2000,
revenues
were
37,474;
after
tax
earnings
were
-7,931. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Nathan Hevrony, 48 Chairman | $707K | Ronald Artzer, 56 Pres,
CEO, Chief Operating Officer, Director | 180K | Robert Hanlon, Jr., 53 CFO | -- | Richard DeCoste, 61 Exec.
VP; VP of Operations of Decora | 151K | Rolf Gemmersdorfer, 48 Exec.
VP; Pres and Gen. Mang. of Hornschuch | 356K | 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
|
|