BNET Industries

Market Cap:$760.7M
Last Fiscal Year Sales:$97.7M
  • Public
  • CA
Dow Jones Description

Parts Assembly for the Automotive Industry

Chief Executive Officer
Michael F. Blair
Number of Employees 900
Contact Information

20 Toronto St Ste 420

Toronto, Ontario M5C 2B8

www.automodular...

(416) 861-0662

NAICS Code Motor Vehicle Brake System Manufacturing: 336340

Recent Events

  • Automodular loses $1.06-million in Q3 2009

    11/10/09 - Financial Announcement - View Story

  • Automodular earns $2.57-million in Q2

    8/07/09 - Financial Announcement - View Story

News & Analysis

automodular corp. - All News and Analysis

  • Automodular Corporation: First Quarter 2009 Earnings

    - 2009-05-08

    Automodular Corporation ("Automodular")(TSX: AM) reports a net loss of $1.0 million or $0.04 per share for the three months ended March 31, 2009 compared to a net loss of $0.2 million or $0.01 per share in the same period in 2008. The current quarter includes a $1.4 million...

    Tags: Automodular Corp.

  • Automodular Corporation: First Quarter 2009 Earnings.

    - 2009-05-08

    TORONTO, ONTARIO, May 8, 2009 Marketwire via COMTEX -- Automodular Corporation ("Automodular")(TSX:AM) reports a net loss of $1.0 million or $0.04 per share for the three months ended March 31, 2009 compared to a net loss of $0.2 million or $0.01 per share in ...

    Tags: Automodular Corp.

  • Automodular Corporation: 2008 Results

    - 2009-03-26

    Automodular Corporation ("Automodular")(TSX: AM) reports a 2008 net loss of $(6.9) million or $(0.27) per share on sales of $82.9 million compared to net earnings of $6.9 million or $0.30 per share on sales of $99.6 million in 2007. The current year includes a $9.4 million write-off of...

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  • Automodular Corporation: Third Quarter 2008 Results

    - 2008-11-12

    Automodular Corporation ("Automodular" or "the Company") (TSX: AM) reports net earnings of $3.0 million or $0.12 per share for the nine months ended September 30, 2008 compared to $5.2 million or $0.24 per share in the same period in 2007. Net earnings for the quarter ended September 30, 2008 were...

    Tags: Automodular Corp.

  • Automodular Revises 2008 Earnings Estimates

    - 2008-09-04

    Automodular Corporation (TSX: AM) - As a result of the cancellation of the planned third shift of production in its Oakville operations coupled with additional fourth quarter downtime announced across its Ontario operations, Automodular Corporation currently projects 2008 earnings to be between $5 million and $6 million. Automodular...

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Decision Makers

Name (plus bio) Position
Michael F. Blair Chief Executive Officer
Christopher S. Nutt Vice President Finance and Chief Financial Officer
Christopher Dell Vice President, Business Dev
James Gazo Vice President Canadian Operations
Travis Doyle Vice President, Program Launches
Automodular Assemblies General Manager, Canadian Operations
Garth Davis Managing Partner, Turtle Creek Private Equity
Diane C. Erlingher Corporate Secretary
Henry J. Knowles Consultant, Business Finance

Board of Directors

Name (plus bio) Position
Rae E. Wallin Chairman of the Board
Andrew Brenton Board of Directors
James Rodgers Board of Directors
R. Peter McLaughlin Board of Directors
Russell M. Baranowski Board of Directors
Scotia Merchant Board of Directors
T. Daniel Flood Board of Directors

Mr. Blair is the Chief Executive Officer and a director of Automodular Corporation (formerly Algonquin Mercantile Corporation), a public company that provides sub-assembly and sequencing services to automotive assemblers in eight facilities in Canada and the United States. Mr. Blair is also the Chairman of the Board of Dominion Citrus Income Fund, a public company engaged in wholesale distribution of fresh fruits and vegetables and related food processing activities, with annual sales of approximately $120 million. Previously, Mr. Blair was founder, President and Chief Executive Officer of The Enfield Corporation Limited (1984 1989), an industrial corporation that through subsidiaries engaged in the manufacturing of electrical equipment, glass and plastics packaging and automotive parts and components. In 1989 The Enfield Corporation Limited employed approximately 10,000 personnel and operated some 40 plants and facilities in Canada, the US, the UK and Hong Kong. Mr. Blair was also Chairman of Federal Pioneer Limited, then Canada's largest independent manufacturer of circuit breakers, switchgear and transformers. Mr. Blair has been VP, Corporate Development with GE Canada, Engagement Manager with McKinsey and Company, Inc. and a fighter pilot with the Royal Canadian Air Force. Mr. Blair is a member of the Ontario Business Advisory Committee of the Ontario Chamber of Commerce. Mr. Blair has a BA from Royal Military College (1968) and an MBA from the University of Western Ontario (Deans' Honours List, 1976). He is a graduate of the Ivey School Directors' Programme (1996).

Organization Position Status
Automodular Corporation Chief Executive Officer Current
Dominion Citrus Limited Chairman of the Board Current
Bennett Environmental, Inc. Director Current
Automodular Corporation Board of Directors Current
Enfield Chief Executive Officer Former
Enfield President Former
GE Canada Vice President, Corporate Development Former
Enfield Founder Former
McKinsey & Company, Inc. Engagement Manager Former
Dominion Citrus Limited Board of Directors Former
The University of Western Ontario MBA Former
Company Programme Former

Organization Position Status
Automodular Corporation Vice President Finance and Chief Financial Officer Current

Organization Position Status
Automodular Corporation Vice President, Business Dev Current
Automodular Corporation Board of Directors Current

Organization Position Status
Automodular Corporation Vice President Canadian Operations Current

Organization Position Status
Automodular Corporation Vice President, Program Launches Current
Automodular Corporation Board of Directors Current

Organization Position Status
Automodular Corporation General Manager, Canadian Operations Current

Organization Position Status
Automodular Corporation Managing Partner, Turtle Creek Private Equity Current
Automodular Corporation Board of Directors Current

Organization Position Status
Automodular Corporation Corporate Secretary Current
Automodular Corporation Board of Directors Current

Organization Position Status
Quest Capital Corp. Lead Director Current
Man-U-Tech, Inc. Chairman Current
Quest Capital Corp. Board of Directors Current
Man-U-Tech, Inc. Director of Samuel Former
Quest Capital Corp. Consultant, Business Finance Former
Automodular Corporation Chairman Former
Automodular Corporation Board of Directors Former

Organization Position Status
Automodular Corporation Chairman of the Board Current
Automodular Corporation President Former

Organization Position Status
Automodular Corporation Board of Directors Current
Automodular Corporation Chief Executive Officer, Turtle Creek Group Former

Organization Position Status
Automodular Corporation Board of Directors Current
Automodular Corporation President Former

Organization Position Status
Automodular Corporation Board of Directors Current
Automodular Corporation President Former

Organization Position Status
Automodular Corporation Board of Directors Current
Automodular Assemblies, Inc. President Former
Automodular Corporation President Former

Organization Position Status
Automodular Corporation Board of Directors Current

Organization Position Status
Automodular Corporation Board of Directors Current

Executive News

  • Automodular earns $2.57-million in Q2

    Stockwatch - 8/07/09 - View Story

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AM $21.15 +0.03 (0.14% )
Volume 320,788
Shares Outstanding 35.9M
Market Cap 760.7M
Year High 24.10
Year Low 3.24
Earnings Per Share -4.54
P/E Ratio N/A
Dividend 0.48
Yield 2.2695
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