| Business Summary | | Creative
Technologies
Corp.
is
a
holding
company
that
owns
the
stock
of
IHW,
Inc.,
a
distributor
for
various
European
manufacturers
of
moderate
to
high-end
housewares.
The
companies
whose
products
were
distributed
in
2000
by
IHW
were
Brabantia
International
BV,
Soehnle
Wagen
GmbH
+
Co,
MAWA
Metallwarenfabrik
Wagner
GmbH
(Mawa),
Foppa
Pedretti
S.p.A.
and
Evoluzione
S.R.L.
IHW
also
owns
the
stock
of
Ace
Surgical
Supplies
Co.,
Inc.,
which
distributes
janitorial,
dietary
and
medical
products
in
the
tri-state
area,
generally
to
hospitals,
nursing
homes
and
assisted
living
facilities.
Ace
is
currently
expanding
its
customer
base
to
include
various
other
facilities
including
educational,
hospitality,
institutional
and
entertainment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CRTV,
a
holding
co.
for
IHW
(importer
and
distributor
of
housewares)
and
Ace
Surgical
Supplies
(distributes
medical,
janitorial,
and
dietary
products
to
medical
care
facilities).
For
the
six
months
ended
6/30/01,
net
sales
rose
11%
to
$8.2
million.
Net
loss
applicable
to
Common
totaled
$258
thousand
vs.
an
income
of
$60
thousand.
Revenues
reflect
an
increase
in
small
household
product
sales.
Net
loss
reflects
higher
payroll
and
related
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| David Guttmann, 53 Chairman
and CEO | $201K | Richard Helfman, 53 Pres | 180K | David Selengut, 45 Sec. | -- | 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
|
|