| Business Summary | | Napier
Environmental
Technologies
Inc.,
formerly
Napier
International
Technologies
Inc.,
is
primarily
engaged
in
the
development,
manufacture
and
distribution
of
environmentally
advantaged
paint
removal
products
and
wood
restoration
products
for
both
the
industrial/commercial
market
and
consumer/retail
market.
The
Company
merged
its
operations
with
Bio-Wash
Products
(Canada)
Inc.
in
2000.
Manufacture
of
the
Company's
products
is
done
almost
entirely
in-house,
at
its
Delta,
British
Columbia
facility,
with
the
exception
of
a
contract
manufacturer
employed
in
the
United
States.
Distribution
of
its
products
is
done
domestically
and
internationally,
through
both
industrial
and
retail
channels.
Sales
are
split
approximately
evenly
between
the
Bio-Wash
product
line
and
the
industrial-branded
SARA
(Selective
Adhesion
Release
Agent)
products
for
fiscal
2000,
and
are
expected
to
be
split
the
same
way
for
fiscal
2001. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Napier
Environmental
Technologies
is
a
specialty
chemical
company
engaged
in
the
manufacture
and
sale
of
environmentally
friendly
paint
strippers
and
other
chemical
cleaners
and
solvents.
For
the
comparable
six
months
ended
6/30/01,
sales
fell
1%
to
C$4.6
million.
Net
loss
increased
96%
to
C$2.7
million.
Results
reflect
the
absence
of
large
opening
orders
as
in
the
first
half
of
2000
for
a
U.S.
retail
customer
and
increased
sales
and
marketing
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | Clifford
T. Davis,
Chmn./CEO Bradley
T. Aelicks,
Pres. James
G. Grinnell,
CFO/Secy. Michael
G. Sloan,
VP. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|