| Business Summary | | Northland
Cranberries
Inc.
is
a
grower,
processor
and
marketer
of
cranberries,
branded
cranberry
products
and
fruit
beverages.
The
Company's
products
include
Northland
brand
100%
juice
cranberry
blends,
which
is
sold
through
supermarkets,
drug
store
chains,
mass
merchandisers,
club
stores,
foodservice
outlets
and
convenience
stores;
Seneca
and
TreeSweet
bottled
and
canned
fruit
beverages,
including
apple,
grape,
cranberry
and
orange
juice
products,
and
frozen
juice
concentrate
products,
including
apple,
grape
and
cranberry
juice
products;
Northland
brand
fresh
cranberries,
which
is
sold
to
retail
and
wholesale
customers;
private
label
cranberry
sauce,
which
is
sold
to
wholesale
and
retail
customers
for
sale
under
their
own
labels;
Awake
frozen
orange-flavored
concentrate;
and
cranberry
juice
concentrate,
single-strength
cranberry
juice,
sweetened
dried
cranberries
and
frozen
and
whole
sliced
cranberries,
which
is
sold
to
industrial
and
ingredient
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Northland
Cranberries,
Inc.
is
a
vertically
integrated
grower,
marketer
and
seller
of
cranberries
and
cranberry
products
through
its
Northland,
Seneca,
TreeSweet
and
Awake
brands.
Revenues
for
the
nine
months
ended
5/31/01
decreased
48%
to
$107.5
million.
Net
loss
fell
86%
to
$3.6
million.
Revenues
reflect
reduced
sales
of
Northland
and
Seneca
branded
products.
Lower
loss
reflects
significant
reductions
in
marketing
and
promotional
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| John Swendrowski, 52 Chairman,
CEO | $425K | $38K | Ricke Kress, 49 Pres | 164K | -- | Steven Klus, 54 Pres
of Manufacturing Division | 155K | -- | John Stauner, 38 Pres
of Agricultural Operations Division | -- | -- | Robert Wilson, 44 Industrial/Ingredients
Division Pres | -- | -- | Dollar
amounts are as of 31-Aug-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|