Description of Uniroyal Global Engineered Products Inc's Business Segments
The automotive sector represented approximately 60.4% of our total sales. Our
products are used primarily in the following automotive applications:
· Seating
· Door panels
· Head and arm rests
· Security shades
· Components
The non-automotive transportation sector represented 15.2% of our sales and primarily
consisted of seating products for original equipment manufacturers of non-automotive
and light truck vehicles in the following five categories:
· Personal watercraft, ATV’s, snowmobiles, golf carts
· Light and heavy industrial equipment and agricultural equipment (tractors,
bulldozers)
· Recreational vehicles, vans and motor homes
· Heavy and medium trucks
· Mass transit (trains, buses)
The distribution market sector represented approximately 14.5% of our sales and
consists primarily of sales of the standard Naugahyde and Ambla product lines
to local furniture shops, smaller furniture manufacturers and companies serving
the hospitality and automotive and marine aftermarkets for refurbishing and replacement.
The sales organization employed to service this market is a network of approximately
40 distributor locations.
The contract sector, which represented approximately 9.9% of our sales, includes
contract furniture/upholstery, marine, healthcare, child care, and industrial
equipment.
Products are developed and marketed based upon the performance characteristics
required by end-users. For example, for recreational products used outdoors, such
as boats, personal watercraft, golf carts and snowmobiles, a product designed
primarily for durability and weatherability is used. We also manufacture a line
of products called BeautyGard®, with water-based topcoats that contain agents
to protect against bacterial and fungal microorganisms and can withstand repeated
cleaning, a necessity in the restaurant and health care industries. These topcoats
are environmentally friendlier than solvent-based topcoats. The line is widely
used in hospitals and other healthcare facilities. Flame and smoke retardant vinyl
coated fabrics are used for a variety of commercial and institutional furniture
applications, including hospitals, restaurants and residential care centers and
seats for school buses and aircraft.
We produce vinyl coated fabrics and laminated composites through a continuous
cast manufacturing process. The continuous cast method yields a material with
a soft finish, deep grain pattern, wide temperature tolerance range and high malleability
factor for thermoforming. In addition, we possess plastisol-compounding capability,
a variety of proprietary formulations and highly versatile finishing processes.
We believe that our products are differentiated in the market by unique protective
topcoat finishes and adhesive back coats, as well as rotogravure printing, which
imparts multiple features, character prints and non-registered prints. We also
have the in-house capability to perform transfer printing as well as micro-perforation,
which provides product breathability.
We seek to ensure that every product fully meets customer requirements of specification,
reliability and performance.
We believe that we maintain our market leadership position through a strong research
and development effort that provides strong product development capability. This
yields enhanced product characteristics, lower cost of material combinations and
new proprietary product formulations. We estimate that approximately 16% of our
sales relate to products developed to customer specifications.
Our Stoughton, Wisconsin facility achieved ISO 9001:2008 status in 1999 and has
renewed it annually since then. Our UK facility achieved ISO TS 16949 status in
2004 and is approved to the European Council Directive 96/98 EX on Marine Equipment
as amended for Module D Production Quality
We hold no patents but maintain certain of our process technologies as trade secrets.
Our legacy Smartgate safety sensors are used in or with parking gates to protect
life and property. Our sensors are based on presence-sensing technology that we
call InvisaShield. Although we believe that our InvisaShield technology may have
additional applications for safety products, substantially all of our revenue
from this business has been derived from the sale of SmartGate sensors used in
parking gates.
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