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  September 5, 2001
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Home > Company Index > Automotive & Transport Equipment > Auto Parts > Glas-Aire Industries Group Ltd.

Glas-Aire Industries Group Ltd.
Nasdaq (SC): GLAR
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 PROFILE
Go ahead, open that sunroof; your hair will stay put. Glas-Aire Industries Group makes sunroof wind deflectors (60% of sales), which also reduce air noise; car hood protectors; and rear air deflectors for reducing grime build-up on rear windows. Glas-Aire makes its automotive accessories for cars, light trucks, and sport utility vehicles. It custom designs the molded plastic products, which are then sold through dealerships and distributors under customer brands. Glas-Aire sells its products primarily in the US (more than 80% of sales), but also in Canada, Japan, and the UK. Its major customers include General Motors, Honda, Nissan, and Toyota. Chairman and CEO William Ponsoldt owns about 47% of the company.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2000 Sales (mil.): 9.70
1-Yr. Sales Growth: 47.0%
Employees: 118
Revenue per employee: $82,203.39

 KEY PEOPLE
• William R. Ponsoldt
    CEO
• Omer Esen
    CFO

 CONTACT INFO
3137 Grandview Hwy.
Vancouver British Columbia V5M 2E9, Canada
Phone: 1-604-435-8801
Fax: 1-604-433-0221
Online: Web Site

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