| Business Summary | | Congoleum
Corporation
is
engaged
in
the
production
of
both
sheet
and
tile
floor
covering
products
with
a
wide
variety
of
product
features,
designs
and
colors.
Sheet
flooring,
in
its
predominant
construction,
is
produced
by
applying
a
vinyl
gel
to
a
flexible
felt,
printing
a
design
on
the
gel,
applying
a
wearlayer,
heating
the
gel
layer
sufficiently
to
cause
it
to
expand
into
a
cushioned
foam
and,
in
some
products,
adding
a
high-gloss
coating.
The
Company
also
produces
through-chip
inlaid
products
for
both
residential
and
commercial
markets.
Tile
flooring
is
manufactured
by
creating
a
base
stock
that
is
less
flexible
than
the
backings
for
sheet
flooring,
and
transferring
or
laminating
to
it
preprinted
colors
and
designs,
followed
by
a
wearlayer
and
a
urethane
coating
in
some
cases.
Commercial
tile
is
manufactured
by
including
colored
vinyl
chips
in
the
pigmented
base
stock.
Congoleum
also
purchases
wood
laminates,
sundries
and
accessory
products
for
resale. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Congoleum
Corp.,
manufactures
and
sells
resilient
sheet
and
tile
flooring
products
primarily
to
wholesale
distributors
and
major
retailers
in
the
United
States
and
Canada.
For
the
six
months
ended
6/30/01,
net
sales
fell
3%
to
$108.7
million.
Net
loss
decreased
15%
to
$3.5
million.
Revenues
reflect
a
significant
decline
in
sales
to
the
manufactured
housing
industry.
Lower
loss
reflects
improved
gross
margins
and
the
benefits
of
cost
reduction
initiatives. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Roger Marcus, 55 Pres
and CEO and Chairman | -- | Richard Marcus, 53 Vice
Chairman | -- | Howard Feist III, 44 CFO,
Sec. | -- | Robert Agate, 56 Exec.
VP | $173K | Sidharth Nayar, 40 Sr.
VP-Fin. | 145K | 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
|
|