BNET Industries
Market Cap:$1.3M
Last Fiscal Year Sales:$85.6M
- Public
- US
Dow Jones Description
Colonial Commercial Corp. ("Colonial") is a New York corporation which was incorporated on October 28, 1964. Unless otherwise indicated, the term "Company" refers to Colonial Commercial Corp. and its consolidated subsidiaries. The Company's operations are conducted through its wholly owned subsidiaries, Universal Supply Group, Inc. ("Universal"), The RAL Supply Group, Inc. ("RAL"), and S&A Supply, Inc ("S&A"). We distribute heating, ventilating and air conditioning equipment (HVAC), parts and accessories, climate control systems, appliances, and plumbing and electrical fixtures and supplies, primarily in New Jersey, New York, Massachusetts and portions of eastern Pennsylvania, Connecticut and Vermont. We supply the Amana air conditioning and heating equipment line in New Jersey (exclusive of Cape May and Cumberland counties), lower portions of New York State, and Western Massachusetts. At all our locations we also supply, on a non-exclusive basis, the Goodman line of heating and air conditioning equipment, Fraser-Johnston commercial air conditioning equipment, and Johnson Controls' Source 1 HVAC Service Parts. We distribute these products through seven sales locations in New Jersey, eight in New York State, two in Massachusetts and one location in Willow Grove, Pennsylvania. We also have an additional location in New Jersey that we use for warehousing purposes only. ...
Director and Chief Executive Officer of The Company and President of Universal
William PaganoNumber of Employees 177
Peer Companies
NAICS Code Heating Equipment (except Warm Air Furnaces) Manufacturing: 333414
Recent Events
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Colonial Commercial Posts Loss In Q3 - Quick Facts
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Colonial Commercial Corp. Reports Second Quarter Financial Results
News & Analysis
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colonial commercial corp. - All News and Analysis
Colonial Subsidiary Files for Chapter 11 Reorganization; Receives Debtor-In-Possession Financing
Business Editors LEVITTOWN, N.Y.--BUSINESS WIRE--Jan. 28, 2002 Colonial Commercial Corp. (Nasdaq: "CCOM") announced today that its wholly owned subsidiary, Atlantic Hardware and Supply Corporation ("Atlantic") has filed a voluntary petition with the U.S. Bankruptcy Court for the Eastern District of New York to reorganize under Chapter 11 of...
Colonial Commercial Corp. Subsidiary's Acquisition of BRS Products, Inc. is Approved by the Bankruptcy Court
Business Editors LEVITTOWN, N.Y.--BUSINESS WIRE--Feb. 1, 2000 Acquisition Represents A Vertical Diversification Into Manufacturing For Atlantic Hardware And Supply Corp. Colonial Commercial Corp. (Nasdaq: &uot;CCOM&uot;), which through its subsidiaries distributes door hardware, heating/air conditioning equipment and climate control systems to contractors and architectural firms, today announced...
Colonial Commercial Corp. Announces $16 Million Credit Line With LaSalle Bank, N.A
LEVITTOWN, N.Y.--BUSINESS WIRE--June 30, 1999-- Colonial Commercial Corp. (Nasdaq: "CCOM", "CCOMP"), which through its subsidiaries distributes doors and door-related hardware, and heating, ventilation and air conditioning equipment to contractors, developers and architectural firms, today announced that it has entered into a $16 million line of credit with LaSalle Bank,...
Colonial Commercial Corp. to Acquire Universal Supply Group, Inc
LEVITTOWN, N.Y.--BUSINESS WIRE--March 25, 1999-- Acquisition Should Approximately Double Colonial's Sales and be Accretive to Earnings Per Share Colonial Commercial Corp. (Nasdaq: "CCOM", "CCOMP"), which distributes contract and architectural door hardware, doors and frames through its ownership of Atlantic Hardware and Supply Corporation, today announced that it...
Colonial Commercial Corp. has $0.66 Per Share Gain From Sale of Investment in Monroc
LEVITTOWN, N.Y.--BUSINESS WIRE--June 11, 1998--Colonial Commercial Corp. (Nasdaq: "CCOM", "CCOMP"), today announced that it has received approximately $3.5 million in cash from privately-held U.S. Aggregates, Inc., in exchange for 328,071 shares of Monroc, Inc., pursuant to a merger of U.S. Aggregates, Inc. with Monroc, Inc. at a price of $10.77...
Colonial Commercial Corp. Announces First Quarter Operating Results
LEVITTOWN, N.Y.--BUSINESS WIRE--May 1, 1998--Colonial Commercial Corp. (Nasdaq: "CCOM", "CCOMP"), which distributes contract and architectural door hardware, doors and frames, through its ownership of Atlantic Hardware and Supply Corporation, today announced operating results for the first quarter of its 1998 year. For the three months ended...
Colonial Commercial Corp. Reports Third Quarter Earnings
LEVITTOWN, N.Y.--BUSINESS WIRE--Nov. 10, 1997--Colonial Commercial Corp. (NASDAQ-CCOM) issued its results for the Nine Months and Three Months ended Sept. 30, 1997. The figures are: -0- ...
Colonial Commercial Makes Announcement
LEVITTOWN, N.Y.--BUSINESS WIRE--August 19, 1997--Colonial Commercial Corp. (NASDAQ:CCOM) announced today that it has discontinued its efforts to acquire US Computer Group, Inc., a Farmingdale, N.Y.-based computer maintenance and products company. Colonial owns a distributor of door hardware to builders, has a 7.2% interest in Monroc, Inc., a...
Colonial Commercial Awarded Judgment
LEVITTOWN, N.Y.--BUSINESS WIRE--May 5, 1997--Colonial Commercial Corp. (NASDAQ:CCOM) today announced that the Appellate Division of the Supreme Court of the State of New York has reversed a lower court decision and has ordered that Colonial be granted summary judgment on a promissory note for $1,000,000, together with interest and costs....
Colonial Commercial Corp. issues results for three months ended
LEVITTOWN, N.Y.--BUSINESS WIRE--May 1, 1997--Colonial Commercial Corp. (NASDAQ: CCOM) issued its results for the three months ended March 31, 1997. The figures are: -0- ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| William Pagano | Director and Chief Executive Officer of The Company and President of Universal |
| William Salek | Cfo, Secretary & Vice President |
| James W. Stewart | Treasurer & Executive Vice President |
| Pete Gasiewicz | Vice President of Sales |
| Peter Gasiewicz | Vice President, Sales |
| Melissa Goldman-Williams | Director of the Company |
| Riannon Russo | Assistant Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| E. Bruce Fredrikson | Director, Chairman of Audit Committee |
| Stuart H. Lubow | Director, Chairman of Nominating Committee |
| Michael Goldman | Director, Chairman of the Board |
| Bernard Korn | Board of Directors |
| Ronald H. Miller | Board of Directors |
| Ronald M Miller | Board of Directors |
William Pagano has been the President of Universal since November 1998, and was appointed as a Director of the Company in February 2002, as President of the Company on October 27, 2005, and as Chief Executive Officer of the Company on April 17, 2006. Prior to November 1998, Mr. Pagano was engaged in the practice of law. Mr. Pagano holds a B.S. in Industrial Management, and an M.B.A., both from Fairleigh Dickinson University. Mr. Pagano also holds a J.D. from Seton Hall University.
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Director and Chief Executive Officer of The Company and President of Universal | Current |
| New Jersey & Company | Attorney | Current |
| Colonial Commercial Corp. | Board of Directors | Current |
| Fairleigh Dickinson University | B.S. In Industrial Management | Former |
| Seton Hall University | J.D. | Former |
| Fairleigh Dickinson University | M.B.A., Both | Former |
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Cfo, Secretary & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Treasurer & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Vice President of Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Vice President, Sales | Current |
Dr. E. Bruce Fredrikson has been a Director of the Company since January 28, 2005. Dr. Fredrikson is currently an independent consultant in corporate finance and governance. He is Professor of Finance, Emeritus, at Syracuse University's Martin J. Whitman School of Management where he taught from 1966 until his retirement in May 2003. He is a director of Consumer Portfolio Services, Inc., a consumer finance company and of Track Data Corporation, a financial services company. Dr. Fredrikson holds an A.B. in economics from Princeton University and a M.B.A. in accounting and a Ph.D. in finance from Columbia University.
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Director, Chairman of Audit Committee | Current |
| Syracuse University | Professor | Current |
| Track Data Corporation | Chairman of the Board | Current |
| Consumer Portfolio Services, Inc. | Chairman | Current |
| Track Data Corporation | Director | Former |
| Columbia University | Ph.D. In Finance | Former |
| Columbia University | M.B.A. In Accounting | Former |
| Princeton University | A.B. In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Goldman and Associates | Chief Operating Officer | Current |
| Colonial Commercial Corp. | Director of the Company | Current |
| Colonial Commercial Corp. | Board of Directors | Current |
| Goldman and Associates | Board of Directors | Former |
| Duke University | Masters Degree In Environmental Management | Former |
| Lehigh University | B.A. | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Community National Bank | Founder | Current |
| Community National Bank | President | Current |
| Community National Bank | Chairman | Current |
| Colonial Commercial Corp. | Board of Directors | Current |
| Orbisonia Community Bancorp Inc. | Chief Executive Officer | Former |
| Orbisonia Community Bancorp Inc. | President | Former |
| Orbisonia Community Bancorp Inc. | Founder | Former |
| New York University School of Continuing and Professional Studies | Instructor | Former |
| Moravian College | B.A. In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Assistant Secretary | Current |
| Colonial Commercial Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Director, Chairman of the Board | Current |
| Goldman and Associates | Chief Executive Officer | Former |
| Colonial Commercial Corp. | President | Former |
| Syracuse University | M.B.A. In Management | Former |
| Goldman and Associates | Chairman of the Board of Directors | Former |
| Syracuse University | M.B.A. In Management | Former |
| Brooklyn College | B.S. In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Board of Directors | Current |
| Colonial Commercial Corp. | Chairman & CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Colonial Commercial Corp. | Board of Directors | Current |
| The Ohio State University | J.D. | Former |
| The Ohio State University | B.S. In Education | Former |
| Organization | Position | Status |
|---|---|---|
| Knight Manzi Nussbaum La Placa | Co-Managing Partner | Current |
| Omega Executive Healthcare | Owner | Current |
| Focus Healthcare | Medical Director | Current |
| My Health Equation | General Practitioner, Medical Director, Omega Executive Healthcare | Current |
| Riverside Hospital | Section Head of Internal Medicine | Current |
| Colonial Commercial Corp. | Board of Directors | Current |
| Omega Executive Healthcare | Medical Director | Former |
| Omega Executive Healthcare | Manager | Former |
| The Ohio State University | J.D. | Former |
| The Ohio State University | B.S. In Education | Former |
| The George Washington University | Former |
Executive News
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Colonial Commercial Corp. Announces That It Has Commenced a Tender Offer for Its Convertible...
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