| Business Summary | | International
Absorbents
Inc.
primarily
through
its
wholly
owned
United
States
subsidiary,
Absorption
Corp
(Absorption),
is
engaged
in
the
development,
manufacturing
and
marketing
of
reclaimed
industrial
waste
cellulose
sorbent
products
for
the
animal
bedding,
pet
litter
markets
and
general
industrial,
or
maintenance
repair
operating,
marine
spill
clean-up
markets.
Absorption
leases
two
properties
from
the
Port
of
Bellingham,
Washington
that
includes
a
manufacturing
site
on
which
it
has
built
and
owns
a
13,000-square-foot
manufacturing
plant
and
administration
facility,
and
a
12,000-square-foot
leased
building
that
houses
inventory
and
Absorption's
cellulose
pad
and
roll
manufacturing
equipment.
It
also
leases
a
4,000-square-foot
structure
from
a
private
company
in
Lynden,
Washington,
in
which
it
manufactures
animal
litter
products.
Total
Absorb
Inc.
(TAI)
is
another
wholly
owned
subsidiary.
TAI
processes
the
Canadian
sales
of
animal
care
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | International
Absorbents,
Inc.,
through
its
subsidiary,
is
engaged
in
the
development,
manufacturing
and
marketing
of
sorbent
reclaimed
industrial
waste
cellulose
products
for
various
markets.
For
the
three
months
ended
4/30/01,
revenues
increased
17%
to
$2.5
million.
Net
income
decreased
3%
to
$268
thousand.
Revenues
reflect
an
increase
in
sales
of
animal
care
products.
Net
income
was
offset
by
an
increase
in
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Gordon Ellis, 53 Chairman,
Pres and CEO | $57K | $97K | David Thompson, 39 CFO | -- | -- | Douglas Ellis, 48 Sec.,
Director and Pres, Absorption Corp | 103K | 41K | Dollar
amounts are as of 31-Jan-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
|
|