BNET Industries
Market Cap:$464.9M
Last Fiscal Year Sales:$597.0M
- Public
- US
Dow Jones Description
In 1946, Winton M. (Red) Blount founded Blount as a construction contractor in Union Springs, Alabama. Blount began building fish ponds, roads and bridges in Alabama and soon progressed to large projects such as the nation's first atomic energy plant, BOMARC missile bases, an indoor ocean for the Navy, launch pads for the NASA Moon launch, and a university campus built for the Kingdom of Saudi Arabia. Blount was incorporated in the state of Delaware in 1971. Blount went to Japan in 1983 to learn how successful manufacturing companies operated. On that trip, Red Blount asked a Japanese expert which American company had most successfully adopted Japanese manufacturing techniques. The answer was Omark Industries of Portland, Oregon. In January 1985, Blount acquired Omark, the world's leading manufacturer of saw chain and timber harvesting equipment. Blount exited the construction business in 1993 and turned its focus exclusively on manufacturing. Almost overnight, Blount went from a worldwide construction company to a worldwide manufacturing company. In 2002, Blount's corporate headquarters moved from Montgomery, Alabama to Portland, Oregon to the headquarters offices of the company's Outdoor Products segment that consists of Oregon Cutting Systems and ICS. James S. Osterman was elected President and Chief Executive Officer of Blount International, Inc, after serving for 15 years as President of the Outdoor Products Group.
Chairman and Chief Executive Officer
James S. OstermanNumber of Employees 3,600
Peer Companies
NAICS Code Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing: 333112
Recent Events
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Blount posts Q3 profit of $11.3M, beats expectations
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Collins To Be New CEO At Blount
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Blount appoints Joshua Collins as CEO, president
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Blount International BLT Announces CEO Succession Plan
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Blount Announces 2009 Second Quarter Results --- Second quarter sales of $114.0 in line with...
News & Analysis
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blount international inc. - All News and Analysis
Miners and Banks Lift FTSE 1.4 Percent
ReutersUK
- 2009-11-04
By Jon HopkinsLONDON (Reuters UK) - Leading shares ended 1.4 percent higher on Wednesday boosted by a rebound from miners and banks, with retailers Next NXY and Marks & Spencer MKS also higher after posting forecast-beating figures.At the close, the FTSE 100 was up 70.68 points at 5,107.89, recouping...
FTSE Hits One-month Closing Low
ReutersUK
- 2009-11-03
By Tricia WrightLONDON (Reuters UK) - The top share index fell to its lowest closing level in a month on Tuesday, led down by banks after shake-ups at Royal Bank of Scotland RBS and Lloyds LLOY and poor results from Swiss peer UBS UBSN.The FTSE 100 index closed 67.29...
BHP Seeks More JVs, Warns on Recovery
ReutersUK
- 2009-10-29
By Eric OnstadLONDON (Reuters UK) - Miner BHP Billiton BLT BHP is considering more joint ventures like its 50-50 iron ore deal with Rio Tinto RIORIO as it seeks to increase production while keeping costs under control.BHP's stance as the world's biggest mining company means takeovers would be rare since...
FTSE Sheds 2.3 Percent
ReutersUK
- 2009-10-28
By Harpreet BhalLONDON (Reuters UK) - The top shares fell 2.3 percent to hit a three-week closing low on Wednesday, dragged down by falls in energy stocks after BG Group BG posted a sharp drop in net profit, while miners tracked weaker metals.The market also came under pressure on data...
FTSE Sheds 2.3 Percent to 3-week Low
ReutersUK
- 2009-10-28
By Harpreet BhalLONDON (Reuters UK) - The top shares fell 2.3 percent to hit a three-week closing low on Wednesday, dragged down by falls in energy stocks after BG Group BG posted a sharp drop in net profit, while miners tracked weaker metals.The market also came under pressure on data...
Weak Banks Push FTSE Down 1 Percent
ReutersUK
- 2009-10-26
By Tricia WrightLONDON (Reuters UK) - The FTSE 100 share index ended 1 percent lower on Monday, with mining and energy stocks suffering as the U.S. dollar rose and commodity prices fell, while a sharp decline in ING ING put pressure on financials.The index ended down 50.83 points at...
BHP in Copper Force Majeure
ReutersUK
- 2009-10-21
By James ReganSYDNEY (Reuters UK) - BHP Billiton BHP BLT declared force majeure at the world's No. 4 copper mine and reported near flat quarterly output of iron ore on Wednesday, placing it deeper in the shadow of rival Rio Tinto.BHP's first 2009/10 forecast for a 5 to 10 percent...
BofA, GE Results Knock European Shares
ReutersUK
- 2009-10-16
LONDON (Reuters UK) - Disappointing third-quarter results from Bank of America BAC and General Electric GE and weak U.S. consumer sentiment survey dragged European shares lower on Friday from a one-year high.The FTSEurofirst 300 index provisionally closed 0.6 percent lower at 1,011.19 points after trading as high as 1,026.43...
Xstrata Gives Up on Anglo Bid
ReutersUK
- 2009-10-15
By Eric OnstadLONDON (Reuters UK) - Miner Xstrata XTA has given up its pursuit of rival Anglo American AAL, it announced on Thursday, leaving Anglo to push ahead with its own restructuring plan and raising questions about whether Xstrata will revisit former target Lonmin LMI.Xstrata said it has dropped its...
FTSE Pulls Back From Closing High
ReutersUK
- 2009-10-13
By Harpreet BhalLONDON (Reuters UK) - The top shares closed 1.1 percent lower on Tuesday, as weakness in banks outweighed strength in defensive issues, while sentiment was dampened by falls on Wall Street after disappointing corporate earnings.The benchmark FTSE 100 closed 56.02 points lower at 5,154.15, slipping below the...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| William C Alford | President, Gear Products, Inc. |
| Calvin E. Jenness | Senior Vice President and Chief Financial Officer |
| Cyrille B Michel | Senior Vice President, Sales. & Cust. Support |
| James L Vanderzanden | Senior Vice President, Business Development |
| Kenneth O Saito | Senior Vice President, Manufact. & Oper. |
| Leonard J. Sillis | Senior Vice President, Marketing and Logistics |
| Mark V Allred | Senior Vice President |
| Richard H Irving | Senior Vice President |
| Russell L. German | Senior Vice President Carlton Operations |
| C Dale Jr | Vice President Corp. Human Resources |
| Dale C. Johnson | Vice President Corporate, Human Resources |
| Matthew D Clark | Vice President of Finance |
| E. Daniel James | Managing Director, Lehman Brothers Inc. |
| Joshua L. Collins | Managing Director, Lehman Brothers Inc. New York, New York |
| David Dugan | Advertising and Promotions Manager |
| Donna L Wecker | Assistant Secretary |
| Georgia Savannah | Director |
| Thomas J. Fruechtel | Director |
| Wendy J Gilligan | Treasurer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| James S. Osterman | Chairman and Chief Executive Officer |
| Eliot M Fried | Chairman |
| R. Eugene Cartledge | Chairman |
| Chad E Paulson | Board of Directors |
| Eliot M. Friend | Board of Directors |
| Harold E. Layman | Board of Directors |
| Robert D. Kennedy | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Blount Development Corp. | President & CEO | Current |
| Blount International, Inc. | Chairman and Chief Executive Officer | Current |
| Blount International, Inc. | Chairman & Chief, Executive Officer | Current |
| Cascade Corporation | Chairman | Current |
| Blount, Inc. | Chairman of the Board and Chief Executive Officer | Former |
| Blount, Inc. | President of Outdoor Products Group, Oregon Cutting Systems Division | Former |
| Blount International, Inc. | President | Former |
| Cascade Corporation | Director | Former |
| Blount International, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | President, Gear Products, Inc. | Current |
| Blount International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Senior Vice President and Chief Financial Officer | Current |
| Blount Development Corp. | CFO & Senior Vice President | Current |
| Blount International, Inc. | Board of Directors | Current |
| Bryan Foods | Chief Financial Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Senior Vice President, Sales. & Cust. Support | Current |
| Blount International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Senior Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Senior Vice President, Manufact. & Oper. | Current |
| Blount International, Inc. | Board of Directors | Current |
| Blount International, Inc. | President , Oregon Cutting Systems Group | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Senior Vice President, Marketing and Logistics | Current |
| Blount Inc.-Oregon Cutting Systems Division | Senior Vice President, Operations | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Senior Vice President | Current |
| Blount International, Inc. | Vice President, Corp. Controller | Current |
| Blount International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blount Development Corp. | General Counsel & Senior Vice President | Current |
| Blount International, Inc. | Senior Vice President | Current |
| Blount International, Inc. | Board of Directors | Current |
| Westinghouse Electric Company LLC | Associate, Kirkland | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Senior Vice President Carlton Operations | Current |
| Blount International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Vice President Corp. Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Blount Development Corp. | Vice President HR | Current |
| Blount International, Inc. | Vice President Corporate, Human Resources | Current |
| Blount International, Inc. | Board of Directors | Current |
| Blount International, Inc. | Director Human Resources | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Vice President of Finance | Current |
| Blount International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Managing Director, Lehman Brothers Inc. | Current |
| Phoenix Brands LLC | Director | Current |
| Blount International, Inc. | Director | Current |
| The M&A Group | Board of Directors | Former |
| College of the Holy Cross | B.A. In Chemistry | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Managing Director, Lehman Brothers Inc. New York, New York | Current |
| Blount International, Inc. | Board of Directors | Current |
| Lehman Brothers Holdings Inc. | Senior Vice President | Former |
| Lehman Brothers Holdings Inc. | Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Advertising and Promotions Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Assistant Secretary | Current |
| Blount International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Chairman | Current |
| Grant Prideco, Inc. | Director | Current |
| Axsys Technologies, Inc. | Board of Directors | Current |
| Blount International, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Chairman | Current |
| GrafTech International Ltd. | Chairman | Current |
| Blount International, Inc. | Director | Current |
| Formica Corporation | Board of Directors | Former |
| Chase Industries Inc. | Board of Directors | Former |
| Pennsylvania, Inc. | Board of Directors | Former |
| GrafTech International Ltd. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Director | Current |
| Blount International, Inc. | Director, Audit Committee Chairman, Compensation, Committee Member, Nominating | Former |
Harold E. Layman was elected a director in August 2003. Mr. Layman served as President & CEO of Blount International, Inc., and in several other executive capacities with the New York Stock Exchange-listed worldwide manufacturing company until his retirement in 2002. He remains a director of Blount International and serves on the boards of directors of Graftech International, Ltd. and Grant Prideco, Inc., and as the Chairman of the Grant Prideco Inc. Audit Committee.
| Organization | Position | Status |
|---|---|---|
| Infinity Property & Casualty Corporation | Director, Chairman of Compensation Committee | Current |
| Graftech International, Ltd. | Board of Directors | Current |
| GrafTech International Ltd. | Board of Directors | Current |
| Infinity Property & Casualty Corporation | Board of Directors | Current |
| Blount International, Inc. | Board of Directors | Current |
| Grant Prideco, Inc. | Board of Directors | Current |
| Blount International, Inc. | Chief Executive Officer | Former |
| Blount International, Inc. | President | Former |
| BI Holdings Corp. | Vice President | Former |
| NYSE Group, Inc. | Former | |
| Hague | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Cornell University | trustee | Current |
| Hercules Incorporated | Director | Current |
| RFE Investment Partners | Board of Directors | Current |
| Blount International, Inc. | Board of Directors | Current |
| Union Carbide Corporation | Board of Directors | Current |
| Union Carbide Corporation | Chief Executive Officer | Former |
| Blount International, Inc. | Chief Executive Officer | Former |
| The Dow Chemical Company | Chief Executive Officer | Former |
| Union Carbide Corporation | President | Former |
| The Dow Chemical Company | Chairman | Former |
| Sunoco, Inc. | Director | Former |
| The Blackstone Group L.P. | Advisory Board Member | Former |
| Kmart | Director | Former |
| General Signal Corporation | Director | Former |
| Chase Industries Inc. | Board of Directors | Former |
| Kmart Corporation | Board of Directors | Former |
| The Blackstone Group L.P. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Director | Current |
| Blount International, Inc. | President and Chief Executive Officer, Leupold & Stevens, Inc. | Former |
| Lehman Brothers Holdings Inc. | Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| Blount International, Inc. | Treasurer | Current |
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