| Business Summary | | Ivex
Packaging
Corporation
is
a
vertically
integrated,
specialty
packaging
company
that
designs
and
manufactures
value-added
plastic
and
paper-based
flexible
packaging
products
for
the
consumer
and
protective
packaging
markets.
Ivex
serves
a
variety
of
markets,
providing
packaging
for
food,
medical
devices
and
electronic
goods,
and
protective
packaging
for
industrial
products.
The
Company's
principal
operating
subsidiary
is
IPC,
Inc.
(IPC).
IPC's
principal
domestic
operating
subsidiaries
are
Kama
of
Illinois
Corporation,
Plastofilm
Industries,
Inc.,
Ultra
Pac,
Inc.
and
Ivex
Paper
Mill
Corporation,
and
its
principal
foreign
operating
subsidiaries
are
Ivex
Corporation,
Ivex
Holdings,
Ltd.
and
Ivex
Plastic
Packaging
B.V. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ivex
Packaging
Corp.
is
a
vertically
integrated
specialty
packaging
company
that
designs
and
manufactures
value-added
plastic
and
paper-based
flexible
packaging
products
for
the
consumer
and
industrial
packaging
markets.
For
the
six
months
ended
6/30/01,
revenues
decreased
11%
to
$330.1
million.
Net
income
fell
62%
to
$10.8
million.
Revenues
reflect
the
sale
of
the
Specialty
Coating
business.
Earnings
also
reflect
the
absence
of
a
gain
on
sale
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George Bayly, 58 Chairman,
Pres, CEO | $1.8M | Frank Tannura, 44 CFO,
Exec. VP, Director | 1.2M | Gordon Bonfield, 49 COO,
Exec. VP | 522K | Richard Cote, 49 VP
and Treasurer | -- | David Wartner, 34 VP
and Controller | -- | Dollar amounts are as of 31-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
|
|