| | Business Summary | | Arrow-Magnolia
International,
Inc.
is
primarily
engaged
in
the
manufacture
and
distribution
of
approximately
400
specialty
chemical
products
for
use
in
cleaning
and
maintaining
equipment
and
general
maintenance
and
sanitation.
The
Company's
manufacturing
operations
blend,
to
its
specifications
and
according
to
its
procedures,
a
variety
of
chemicals
to
create
the
Company's
products.
The
Company
packages
products
that
it
blends
or
manufactures
and,
in
addition,
purchases
products
that
have
been
blended
or
manufactured
and
then
packaged
under
its
private
labels
by
third
parties.
The
Company's
products
are
marketed
throughout
the
United
States,
Canada
and
other
countries
to
a
variety
of
consumers.
Arrow-Magnolia
markets
its
products
primarily
through
its
own
sales
personnel,
consisting
of
10
sales
managers
and
independent
contractors
(80
persons)
and
distributors
(12
companies). | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | ARWM
manufactures
and
distributes
approximately
400
specialty
chemical
products
for
use
in
cleaning
and
maintaining
equipment
and
general
maintenance
and
sanitation.
For
the
six
months
ended
6/01,
revenues
decreased
5%
to
$7
million.
Net
income
fell
59%
to
$263
thousand.
Revenues
reflect
reduced
demand
due
to
unusually
harsh
weather.
Earnings
suffered
from
higher
S/G/A
costs
due
to
increases
in
administrative
salaries,
and
$125
thousand
for
a
lawsuit
settlement. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY1999 Pay | |
| Morris Shwiff, 78
Chairman | $202K | Mark Kenner, 68
CEO
and Vice Chairman | 193K | Fred Kenner, 47
Pres,
COO | 185K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/arwm.gif)