| Business Summary | | Sheldahl,
Inc.
creates
and
distributes
high-density
substrates,
fine-line
flexible
printed
circuitry,
and
thin,
flexible
laminates
and
their
derivatives.
The
Company's
laminates
are
adhesive-based
tapes
and
materials,
and
its
adhesiveless
material,
Novaclad
and
I-Flex.
From
these
materials,
the
Company
fabricates
derivative
products,
such
as
single-
and
double-sided
flexible
interconnects
and
assemblies
and
substrates
for
silicon
chip
carriers.
The
Company
was
formed
as
a
result
of
a
reverse
acquisition
on
December
28,
2000,
whereby
Sheldahl,
Inc.
acquired
all
of
the
outstanding
securities
of
International
Flex
Holdings,
Inc.
(Holdings),
under
the
terms
of
a
definitive
merger
agreement
as
amended
by
and
among
Sheldahl,
IFT
West
Acquisition
Company,
a
newly
formed
subsidiary
of
Sheldahl
(West)
and
the
stockholders
of
Holdings.
Pursuant
to
the
agreement,
West
merged
with
and
into
Holdings,
with
Holdings
surviving
and
becoming
a
wholly
owned
subsidiary
of
Sheldahl. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sheldahl,
Inc.
creates
and
distributes
high-density
substrates,
high-quality
flexible
printed
circuitry,
and
thin,
flexible
laminates
and
their
derivatives
to
worldwide
markets.
The
Company
operates
in
two
business
divisions;
the
Materials
and
Flex
Interconnect
and
the
International
Flex
Technologies.
For
the
six
months
ended
6/30/01,
revenues
totalled
$58.5
million.
Net
loss
applicable
to
Common
totalled
$22.9
million.
Results
are
not
comparable
due
to
fiscal
year
end
change. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Lutsi, 60 Chairman | -- | Benoit Pouliquen Pres,
CEO | -- | William Offenberg, 48 Pres
-- Materials and Flex Interconnect | -- | Donald Friedman, 54 Exec.
VP, Director | $266K | Peter Duff, 55 VP-Fin. | 166K | Dollar
amounts are as of 29-Dec-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
|
|