BNET Industries

Market Cap:$112.9M
Last Fiscal Year Sales:$35.7M
  • Public
Dow Jones Description

This past year, in many respects, was a breakout year for Alpha Pro Tech as your company experienced significant growth and development both financially and operationally. Financially, we achieved record level performance in terms of sales, reaching $37.3 million, as well as record level profits exceeding $3.7 million. We also posted company bests in 2006 for gross profit, operating income, net income and earnings per share. We remain diligent in maintaining a strong balance sheet, which will allow us to continue investing in our future growth plans. Our asset base continues to grow and currently stands at $26.9 million, a 22.7 % increase from a year ago. What makes this achievement even more meaningful is that it has been accomplished with a modest increase in our total liabilities. The effect of this is a rise of 26 % in shareholders' equity from 2005 and a 50 % climb from 2004. From an operations point of view, your company continues to strive to improve the way we protect people, products and environments. During the year, we took many steps to further position the company to best serve the markets where we compete. In the Disposable Apparel Division, we successfully launch our new ComforTech product line and we plan to further extend and deepen our product offering here in 2007. The Infection Control segment of our business posted another strong year as our N-95 NIOSH approved Respirator mask continues to experience wide acceptance around persistent world-wide...

CEO and Director
Sheldon Hoffman
Number of Employees 148
Contact Information

alphaprotech.co...

NAICS Code Surgical Appliance and Supplies Manufacturing: 339113

Recent Events

  • Alpha Pro Tech Posts 3Q Financial Results

    10/30/09 - Financial Announcement - View Story

  • Skymark Research Initiates Independent Research Coverage On Alpha Pro Tech Ltd.

    10/09/09 - Bond / Stock Rating - View Story

  • Alpha Pro Tech, Ltd. Announces Financial Results for the Second Quarter and Six Months Ended...

    8/07/09 - Financial Announcement - View Story

News & Analysis

alpha pro tech ltd. and sales - All News and Analysis

Decision Makers

Name (plus bio) Position
Sheldon Hoffman CEO and Director
Al Millar President and Director
Lloyd Hoffman Cfo & Senior V.P.
Charles D Montgomery Senior V.P. Engineered Products
Danny Montgomery Senior Vice President
Bruce Hayden Vice President of Sales (Building Products)
Chris Louisos Vice President of Sales (Apparel)
David B. Anderson Lawyer
Russ Manock Accountant
Alexander W. Millar President

Board of Directors

Name (plus bio) Position
Donald E. Bennett Board of Directors
John Ritota Board of Directors
Robert H. Isaly Board of Directors

SHELDON HOFFMAN (age 71) is a chartered accountant and has been a director and chief executive officer of the Company since July 11, 1989. Mr. Hoffman founded and was president of Absco Aerosols, Ltd., a custom manufacturer of aerosols and liquids, from 1967 to 1985 until that company was sold to CCL Industries, Inc. ( CCL ), a manufacturer of aerosol and liquid products and containers. Mr. Hoffman joined CCL from 1986 to 1987 as director of business development and then joined CCW Systems, Ltd., a water filter manufacturer, as president and chief executive officer.

Organization Position Status
Alpha Pro Tech, Ltd. CEO and Director Current
Alpha Pro Tech, Ltd. Board of Directors Current
CCL Industries, Inc. Former
Software Concepts, Inc. Former

Organization Position Status
Alpha Pro Tech, Ltd. President and Director Current
Alpha Pro Tech, Ltd. Board of Directors Current

LLOYD HOFFMAN has been employed by the Company starting November 15,1991 in the capacity of accountant and then since 1999 in the capacity of Senior Vice President of Finance and Administration, and since 2002 in the capacity of Chief Financial Officer. From 1987 to 1991, Mr. Hoffman was a shareholder and was in charge of finance and administration at Software Concepts, Inc. a developer of software for association and magazine publishers.

Organization Position Status
Alpha Pro Tech, Ltd. Cfo & Senior V.P. Current

Organization Position Status
Alpha Pro Tech, Ltd. Senior V.P. Engineered Products Current
Alpha Pro Tech, Ltd. Board of Directors Current

DANNY MONTGOMERY is the Senior Vice President of Alpha Protech Engineered Products, Inc and Manufacturing for Alpha ProTech, Inc. Mr. Montgomery has 40 years manufacturing and sales experience in various plastic and polymer industries. Mr. Montgomery joined Alpha Protech in July 1994 when the assests of Ludan Corp, a company he founded and managed, were aquired by Alpha Protech, Inc. Mr. Montgomery is a director as of June 4, 2007.

Organization Position Status
Alpha Pro Tech, Ltd. Senior Vice President Current
Alpha Pro Tech, Ltd. Board of Directors Current
Alpha Pro Tech, Ltd. Manager Former

Organization Position Status
Alpha Pro Tech, Ltd. Vice President of Sales (Building Products) Current

Organization Position Status
Alpha Pro Tech, Ltd. Vice President of Sales (Apparel) Current

David B. Anderson is a practicing lawyer and has been a director of the Company since April 28, 2004. He is a founding member and partner in the law firm of Walston, Anderson & Bains, LLP, in Birmingham, Alabama since 1991.

Organization Position Status
Bains Partner Current
Alpha Pro Tech, Ltd. Lawyer Current
Alphaprotector Lawyer Current
Alphaprotector Board of Directors Current
Anderson Associates Inc Board of Directors Current
Alpha Pro Tech, Ltd. Board of Directors Current

Organization Position Status
Alpha Pro Tech, Ltd. Accountant Current
Alpha Pro Tech, Ltd. Chairman Current
Alpha Pro Tech, Ltd. Board of Directors Current

Array

Organization Position Status
Alpha Pro Tech, Ltd. Board of Directors Current
Alpha Pro Tech, Ltd. Director of the Company Former

Organization Position Status
Alpha Pro Tech, Ltd. Board of Directors Current

John Ritota has been a director of the Company since December 18, 1991 and since 1981 to the present time has been operating a general dentistry practice, Ritota and Ritota, with his brother in Delray Beach, Florida.

Organization Position Status
Alpha Pro Tech, Ltd. Board of Directors Current

Robert H. Isaly has been a director of the Company since November 20, 1989. He was the owner of a nursery, Florida Bedding Plants Inc. from 1986 to 1992. Prior thereto he was involved with two Ohio based family businesses. The Isaly Dairy Company and the H.R. Isaly Cheese Company. He is currently an independent businessman.td>

Organization Position Status
Alpha Pro Tech, Ltd. Board of Directors Current

Executive News

  • Alpha Pro Tech, Ltd. Announces Increased Production of N-95 Respirator Masks for Upcoming Flu/Swine Flu Season

    Business Wire - 9/01/09 - View Story

  • Alpha Pro Tech, Ltd. Announces Financial Results for the Second Quarter and Six Months Ended June 30, 2009

    SmartBrief - 8/07/09 - View Story

  • Alpha Pro Tech, Ltd. Announces Financial Results for the Second Quarter and Six Months Ended June 30, 2009

    NewsBlaze - 8/06/09 - View Story

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APT $5.050 -0.050 (-0.98% )
Volume 192,790
Shares Outstanding 22.3M
Market Cap 112.9M
Year High 7.60
Year Low 0.75
Earnings Per Share 0.25
P/E Ratio 20.20
Dividend 0.00
Yield 0.00
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