| Business Summary | | Spectrum
Organic
Products,
Inc.
is
a
vertically
integrated
company
focused
on
three
revenue-producing
areas,
which
include
Food,
Nutritional
Supplements
and
Industrial
Ingredients.
The
Company
manufactures,
packages
and
sells
nutritional
supplements,
organic
and
natural
food
products,
including
cooking
and
nutritional
oils,
condiments,
dressings
and
spreads,
on
a
wholesale
basis
to
distributors,
grocery
and
club
store
chains
throughout
the
United
States,
Canada,
Europe
and
the
Far
East,
as
well
as
to
other
manufacturers
as
industrial
organic
ingredients.
The
Company
is
the
result
of
an
October
1999
merger
between
Spectrum
Naturals,
Inc.,
Spectrum
Commodities,
Inc.,
Organic
Food
Products,
Inc.
and
Organic
Ingredients,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Spectrum
Organic
Products
manufactures,
packages
and
sells
organic
and
natural
food
products,
including
cooking
and
nutritional
oils,
condiments,
dressings
and
spreads.
For
the
six
months
ended
6/30/01,
revenues
fell
6%
to
$20.8
million.
Net
loss
totaled
$4.9
million,
up
from
$575
thousand.
Revenues
reflect
lower
sales
of
industrial
organic
ingredients
and
the
sale
of
product
lines.
Higher
loss
also
reflects
increased
plant
closure
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Jethren Phillips, 49 CEO,
Director | $306K | Richard Bacigalupi, 51 CFO | 168K | Neil Blomquist, 48 Pres
- Consumer Brands Division | 172K | Joseph Stern, 47 Pres
- Industrial Division | 154K | Pete Holcombe, 56 VP-Operations | -- | 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
|
|