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. BlairNumber of Employees 900
Contact Information
20 Toronto St Ste 420
Toronto, Ontario M5C 2B8
(416) 861-0662
Peer Companies
NAICS Code Motor Vehicle Brake System Manufacturing: 336340
Recent Events
-
Automodular loses $1.06-million in Q3 2009
-
Automodular earns $2.57-million in Q2
News & Analysis
Filter by
automodular corp. - All News and Analysis
American Greetings Corporation F2Q10 (Qtr End 08/28/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Jeff Stein with Soleil Securities. Jeff Stein – Soleil Securities First of all, if you could just talk a little bit about where the upside is coming from relative to your internal forecast because clearly in the...
Automodular Corporation: Second Quarter 2009 Results
Automodular Corporation ("Automodular" or "the Company")(TSX: AM) reports net earnings of $1.6 million or $0.06 per share for the six months ended June 30, 2009 compared to $1.5 million or $0.06 per share in the same period in 2008. Net earnings for the quarter ended June 30, 2009...
Automodular Corporation: Labour Agreement
Automodular Corporation ("Automodular") (TSX: AM) announces that it has reached agreement on a renewal contract for its Oakville-area workers with the National Automobile, Aerospace, Transportation and General Workers Union of Canada ("CAW"). The contract provides improvements in wages and benefits and will have a 2-year term. Automodular...
CORRECTION FROM SOURCE-Automodular Corporation: First Quarter 2009 Earnings
The following corrects and replaces the release sent 9:08 am ET on May 8, 2009. In the second paragraph, second sentence, the word "weeks" was omitted after the number 23. The complete and corrected release follows. Automodular Corporation ("Automodular")(TSX: AM) reports a net loss of $1.0 million...
CORRECTION FROM SOURCE-Automodular Corporation: First Quarter 2009 Earnings.(Correction notice)
TORONTO, ONTARIO, May 12, 2009 Marketwire via COMTEX -- The following corrects and replaces the release sent 9:08 am ET on May 8, 2009. In the second paragraph, second sentence, the word "weeks" was omitted after the number 23. The complete and corrected release...
Automodular Corporation: First Quarter 2009 Earnings
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...
Automodular Corporation: First Quarter 2009 Earnings.
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 ...
Automodular Corporation: 2008 Results
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...
Automodular Corporation: Third Quarter 2008 Results
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...
Automodular Revises 2008 Earnings Estimates
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...
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
| 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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