BNET Industries
Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
In accordance with accounting principles generally accepted in the United States of America (GAAP), we record most of our assets at the lower of cost or fair value. In the case of some of our assets, principally accounts receivable, inventories and deferred income taxes, we make adjustments to their costs or fair values to arrive at what we expect to be able to collect on outstanding accounts receivables, the amounts at which we expect to be able to sell our inventories and the amounts of available income tax benefits that we will be able to use to reduce our future income tax liability. Those adjustments are made on the basis of a number of different factors, including judgments or assumptions we make regarding economic and market conditions and trends and their impact on our financial performance, and those judgments and assumptions are, in turn, based on current information available to us. If those conditions or trends were to change in ways that we did not expect, then based on our assessment of how those changes will affect the prospects for realizing the values at which we have recorded these assets, we may be required, pursuant to GAAP, to further adjust the carrying values at which we record these assets for financial reporting purposes. Any resulting downward adjustments are commonly referred to as write-downs in the carrying values of the assets affected by the changed conditions.
President, Chief Executive Officer and Director
Jim MusbachNumber of Employees 374
Contact Information
350 Woodview Ave
Morgan Hill, California 95037
1 408 782 6686
Peer Companies
NAICS Code Recreational Vehicle Dealers: 441210
News & Analysis
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coast distribution - All News and Analysis
DHL Dedicates New West Coast Distribution Facility; New Air and Ground Distribution Hub Marks the Nation's First Joint Land-Use Partnership between the Military and a Private International Air-Cargo Carrier
DHL:WHAT: DHL, the world's leading global express delivery and logistics company, and Riverside, Calif.-area community leaders will dedicate a new $70 million West Coast Distribution Facility ...
West Coast Distribution Center Construction Right on Target, an Advisory from Industrialinfo.com
HOUSTON -- Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Target Corporation (NYSE:TGT) (Minneapolis, Minnesota) is at the halfway completion point on construction of its distribution center in Rialto, California. For details, view the entire article by subscribing to Industrialinfo.com's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=65972, or browse other...
V-Net Stocks West Coast Distribution Center
BLUE ISLAND, Ill. -- V-Net Beverage, Inc. (Pink Sheets: VNTB.PK). The announced termination of Modern Products as master distributor has opened new channels of communication with its distributors and retailers. These channels have cleared the way for V-Net to initiate new restocking programs with participating Safeway stores and other key...
March global wins the game with DHL's West Coast Distribution Center.(NEWS IN BRIEF)(Brief Article)
After a careful review of several possible locations, DHL announces it has signed a lease agreement with Marhub LLC for a new facility at the March Air Reserve Base in Riverside, CA. DHL will spend $65 million in the lease and development of the new hub as...
West Coast distribution point speeds Mapex drum deliveries.(Flash)
Mapex USA has opened a warehouse and distribution center in Corona, California to improve dealers' service on its broad line of drums and percussion products. The facility will be used to ship Mapex family of products to music retailers throughout the Western states, cutting down significantly...
Dividend Capital Trust Expands West Coast Distribution Portfolio
DENVER -- Dividend Capital Trust DCT announced today the purchase of Bayside Distribution Center, a two-building, 341,000-square-foot distribution park in the San Francisco East Bay market. The building is fully leased to four corporate customers. The Bayside assets, completed during 1999, are located in Hayward, California, the largest San...
Anderson restructures its West Coast distribution.(People/Places/Events)(Brief Article)
Anderson Hardwood Floors has restructured the company's West Coast distribution to capitalize on new market opportunities. The changes are effective immediately. The Tom Duffy Co., headquartered in Fairfield, Calif., will distribute Anderson and Dellamano products in Northern and Southern California, and the Appalachian,...
Samson opens West Coast Distribution Center. (Industry Forefront).
IN EARLY MAY SAMSON customers in the Western United States began receiving many Samson, Hartke, and Zoom products direct from a new distribution facility in Kent. Washington, just a few miles south of downtown Seattle. "We are very excited about the West Coast facility."...
Krispy Kreme Moves West Coast Distribution Operation to Fontana, Calif.
By Kevin Smith, Inland Valley Daily Bulletin, Calif. Knight Ridder/Tribune Business News Jun. 10--FONTANA, Calif.--Krispy Kreme Doughnuts Inc. is moving its West Coast distribution operation from Mira Loma to a larger 102,100-square-foot facility in Fontana. The Winston-Salem, N.C.-based company...
Sedlak Client Jo-Ann Stores Opens New West Coast Distribution Center
Business Editors RICHFIELD, Ohio--BUSINESS WIRE--April 4, 2001 With a ribbon-cutting ceremony today, Jo-Ann Stores, Inc., headquartered in Hudson, Ohio, officially opened its new 630,000 square foot Visalia Distribution Center VDC in Visalia, California. The facility was designed by a team from Jo-Ann Stores, Sedlak Management Consultants, Rapistan...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jim Musbach | President, Chief Executive Officer and Director |
| Stephan C Lussier | President, the Coast Distribution System (Canada), Inc. |
| Sandra A Knell | Executive Vice President, Finance, Chief Financial Officer |
| David A Berger | Executive Vice President, Operations |
| Dennis A Castagnola | Executive Vice President, Product Development |
| Keith Brittingham | Purchasing Manager |
| Leonard P Danna | Certified Public Accountant |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Thomas McGuire | Chairman of the Board and Chief Executive Officer |
| Ben A Frydman | Board of Directors |
| John W Casey | Board of Directors |
| Robert S Throop | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | President, Chief Executive Officer and Director | Current |
| Coast Distribution | Board of Directors | Current |
| Raytek Corporation | Former |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | Chairman of the Board and Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | President, the Coast Distribution System (Canada), Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | Executive Vice President, Finance, Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | Executive Vice President, Operations | Current |
| Coast Distribution | Executive Vice Presdient | Former |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | Executive Vice President, Product Development | Current |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | Purchasing Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | Certified Public Accountant | Current |
| Coast Distribution | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | Board of Directors | Current |
John W. Casey has served as a director of the Company since August 1998. From 1980 and until his retirement in 1994, Mr. Casey was President and Chief Executive Officer of Shurflo Pump Mfg. Company ( Shurflo ), which is engaged in the manufacture and sale of pumps used in pumping and circulating water or other liquids in a variety of products and equipment, including recreational vehicles and soft drink dispensing machines. Mr. Casey also serves as a director of the Deschutes Basin Land Trust.
| Organization | Position | Status |
|---|---|---|
| Deschutes Basin Land Trust | Director | Current |
| Coast Distribution | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Coast Distribution | Board of Directors | Current |
| Azerity, Inc. | Director | Current |
| Arrow Electronics, Inc. | Board of Directors | Former |
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