BNET Industries

Market Cap:$298.1M
Last Fiscal Year Sales:$185.6M
- Public
- US
Dow Jones Description
We develop, manufacture and market carbon fibers for commercial applications. Our price-competitive, high-performance carbon fibers are used as reinforcement in advanced composites for a broad range of products, including wind turbine blades and automotive components. Carbon fiber composites offer important attributes compared to alternative structural material due to their superior properties, including light weight, strength, stiffness and resistance to corrosion. We led the development of the carbon fiber commercialization concept and we are the largest manufacturer primarily focused on producing low-cost carbon fibers for commercial applications. Our mission has been to introduce and facilitate the growth of the concept of commercial applications for carbon fibers across an expanding variety of uses. We have spent over 15 years developing and refining our proprietary technology and manufacturing processes and capacity. Until a few years ago, the high cost of carbon fibers precluded all but the most demanding applications, limiting carbon fiber use primarily to aerospace and sporting goods applications. ...
Chairman of the Board, President and Chief Executive Officer
Zsolt RumyNumber of Employees 1,680
Peer Companies
NAICS Code Carbon and Graphite Product Manufacturing: 335991
Recent Events
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Zoltek ZOLT Enters Agreement with Global Blade Technology
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Deutsche Bank Initiates Coverage on Zoltek ZOLT with a Hold
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Zoltek Q3: Wind Energy Business Hit by Perfect Storm
News & Analysis
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carbon fiber and zoltek companies inc. - All News and Analysis
Carbon fibers reduce weight, add high strength to concrete.(POLYMERS/CERAMICS)
A carbon-fiber concrete-reinforcing grid that can reportedly provide up to seven times the tensile strength of steel reinforcement by weight has been manufactured by TechFab LLC, Anderson, S.C., of carbon fibers fabricated by Zoltek Companies Inc., S A carbon-fiber concrete-reinforcing grid that can reportedly provide...
Zoltek Reports Carbon Fiber Sales Increase, Restarting Abilene Carbon Fiber plant.
May 17, 2004 - Zoltek Companies, Inc. today reported significant increases in sales and operating results for carbon fibers for the quarter ended March 31, 2004. For the first time since the acquisition of the Hungarian operation in 1996, Zoltek's qu May 17, 2004 - Zoltek...
Zoltek Reports Fiscal First Quarter 2004 Results, Still at a Loss, but Major Developments Pending Soon.
February 17, 2004 - Zoltek Companies, Inc. (Nasdaq-ZOLT) today reported results for the quarter ended December 31, 2003. For the quarter, Zoltek reported a net loss of $3.7 million on revenues of $13.3 million, compared to a net loss of $3.2 million February 17, 2004...
Zoltek Reports Renewed and Expanded BMW Group Agreement and Progress.
January 28, 2004 - Zoltek Companies Inc. (NASDAQ NMS SYMBOL: ZOLT) today announced a "renewed and expanded" partnership agreement with BMW Group of Germany based on the successful achievement of several significant milestones in the develop January 28, 2004 - Zoltek Companies Inc. (NASDAQ NMS SYMBOL:...
Zoltek Reports Its First Million Pound Carbon Fibers Order.
October 9, 2003 - Zoltek Companies Inc. has received its first million pound order for its commercial grade carbon fiber tow, along with two other substantial orders totaling an additional 800,000 pounds, from sporting goods makers or suppliers in Ch October 9, 2003 - Zoltek Companies...
ZOLTEK REPORTS MUCH IMPROVED $2.9 MILLION LOSS FOR SECOND QUARTER.
Zoltek Companies, Inc. (Nasdaq: ZOLT) of St. Louis, Missouri reported results for the second quarter of fiscal year 2002. Excluding discontinued operations, Zoltek had a net loss of $2.9 million on revenues of $17.5 million for the quarter ended Mar Zoltek Companies, Inc. (Nasdaq: ZOLT)...
BMW Signs Long-Term Partnership with Zoltek.
Zoltek Companies, Inc. (Nasdaq - ZOLT), of St. Louis, Missouri has entered into a strategic development and supplier partnership with BMW Group. Under the agreement, Zoltek will provide the German automotive company with carbon fibers to be used in Zoltek Companies, Inc. (Nasdaq -...
WHEN IS A LOSS REALLY A GAIN? IT SHOULD HAPPEN WITH CARBON FIBERS AT ZOLTEK.
Even though Zoltek Companies, Inc. shows a dramatic financial loss in its 2000 annual report, just out, it may well be that the pieces now in place for carbon fiber growth are strategically positioning the company to be a major player in many new, e ...
Zoltek's 4Q: Disappointing, But With Areas of Promise.(Zoltek Companies Inc.)(Brief Article)(Statistical Data Included)
ZOLTEK COMPANIES Inc. posted a loss of $700,000 during its fiscal fourth quarter, which ended September 30, 1999, down from a profit of $12 million in the year-ago period on 9 percent lower sales of $18 million. For the full 1999 fiscal year, the c ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Andrew Whipple | Chief Accounting Officer |
| George E. Husman | Chief Technology Officer of the Company |
| Karen M Bomba | Chief Operating Officer |
| Kevin Schott | Chief Financial Officer |
| David Sodemann | Vice President, Hr |
| Gyorgy Bakos | Vice President, Admin |
| Iilona Tandi | Vice President |
| Istvan Kinter | Vice President, Carbon Fibers Manufacturing |
| Mike Westcott | Vice President, Quality & Production Control |
| Peter Kiss | Vice President, Engineering |
| Robert Murdock | Vice President, Entec Composite Machines |
| Timothy McCarthy | Vice President, Sales & Marketing |
| Laszlo Solymos | Manager, Precursor Dev |
| John D. Klopfenstein | Controller |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Zsolt Rumy | Chairman of the Board, President and Chief Executive Officer |
| Charles A. Dill | Board of Directors |
| Charles E. Commander | Board of Directors |
| H. W. Shad | Board of Directors |
| James H. Winston | Board of Directors |
| James W. Betts | Board of Directors |
| John D. Baker | Board of Directors |
| Linn H. Bealke | Board of Directors |
| Luke Fichthorn | Board of Directors |
| Martin E. Stein | Board of Directors |
| Michael D. Latta | Board of Directors |
| Robert H. Paul | Board of Directors |
| Thompson S. Baker | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Chairman of the Board, President and Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Chief Accounting Officer | Current |
| E3 Biofuels | Chief Financial Officer | Former |
| Virginia Polytechnic Institute and State University | Degree In Accounting | Former |
George E. Husman, age 61, has been appointed Chief Technology Officer of the Company effective February 1, 2007. Prior to joining the Company, Mr. Husman was the Associate Director for Engineering Research at the University of Alabama at Birmingham since 2004. From 1993 to 2004, Mr. Husman served as the Vice President, Engineering Division, at the Southern Research Institute in Birmingham, Alabama. Prior to 1993, Mr. Husman spent 18 years at the Materials Directorate at Wright-Patterson Air Force Base in various research and management positions, and held various positions with BASF Structural Materials, Inc., including Vice President for Business Development and Vice President for Research & Development.
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Chief Technology Officer of the Company | Current |
| Zoltek Companies, Inc. | Board of Directors | Current |
| Southern Research Institute | Vice President, Engineering Division | Former |
| Wright-Patterson Air Force Base | Former | |
| University of Dayton | M.S. In Materials Engineering | Former |
| University of Dayton | B.S. In Aerospace | Former |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Chief Operating Officer | Current |
| Rensselaer Polytechnic Institute | BS | Former |
Kevin Schott, age 40, has served as the Chief Financial Officer of the Company since April 2004. As an independent consultant since 2001, Mr. Schott served a variety of publicly and privately owned companies, including Zoltek, in different facets of financial planning and management. In prior years, Mr. Schott worked for two years with Ernst & Young in St. Louis from 1988 to 1990, and then joined Bridge Information Systems, where he worked for ten years from 1990 to 2000, including five as vice president and corporate controller. Mr. Schott received a B.S. degree in Business Administration from Washington University in 1988.
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Chief Financial Officer | Current |
| Bridge Information Systems | Former | |
| Washington University | B.S. Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Vice President, Hr | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Vice President, Admin | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Vice President, Carbon Fibers Manufacturing | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Vice President, Quality & Production Control | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Vice President, Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Vice President, Entec Composite Machines | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Vice President, Sales & Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Manager, Precursor Dev | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Two River Advisors | General Partner | Current |
| Stifel Financial Corp. | Principal, Two Rivers Associates | Current |
| Emerson Electric Co. | Current | |
| Zoltek Companies, Inc. | Board of Directors | Current |
| TransAct Technologies Incorporated | Director | Current |
| Stifel Financial Corp. | Director | Current |
| DT Industries Inc. | Director | Current |
| Bridge Information Systems | Chief Executive Officer | Former |
| AVX Corporation | President | Former |
| Bridge Information Systems | President | Former |
| AVX Corporation | COO | Former |
| Gateway Associates | General Partner | Former |
| AVX Corporation | Director | Former |
| Bridge Information Systems | Director | Former |
| Harvard University | MBA | Former |
| Yale University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
James W. Betts, age 69, has served as a Director of the Company since 1992. In 2000, he retired as Vice President Raw Materials of Great Lakes Carbon Corp. (a producer of carbon products) in which capacity he had served for more than the preceding five years.
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
| Zoltek Companies, Inc. | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
Michael D. Latta, age 66, has served as a director of our company since 2007. Mr. Latta serves as Chairman of the Board of Universe Corporation (a construction engineering and materials distributor) and Chairman of the Board of Res Q Tek, Inc. (a manufacturer of hydraulic and pneumatic rescue equipment). He has served in these positions from 1997 and 1995, respectively. Prior to 1995 he was President of Safety Equipment (a manufacturer of emergency vehicle warning equipment) from its founding in 1974.
| Organization | Position | Status |
|---|---|---|
| Universe, Inc. | Chairman of the Board | Current |
| Resq Tek, Inc. | Chairman of the Board | Current |
| Zoltek Companies, Inc. | Board of Directors | Current |
| Safety Equipment Co. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Zoltek Companies, Inc. | Board of Directors | Current |
Executive News
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Zoltek Reports Second Quarter Results
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Zoltek Reports Second Quarter Results
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Zoltek Reports Second Quarter Results
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