BNET Industries
Market Cap:$260.4M
Last Fiscal Year Sales:$232.5M
- Public
- US
Dow Jones Description
In the late 1960s, the Company started an explosion metal forming business that shaped blank sheets of metal alloys into complex three-dimensional parts for aerospace equipment manufacturers. DMC became a publicly traded company in 1976 under the ticker symbol "BOOM" and shortly thereafter licensed technology from E.I. DuPont de Nemours and Company ("DuPont") to explosively bond, or clad, two or more dissimilar metal plates together. Explosion welding remains DMC's core business today and the acquisitions of DuPont's Detaclad Division in 1996, Nobelclad Europe in 2001 and DYNAenergetics in 2007 have strengthened the Company's world leading position in this business segment. DMC acquired its AMK Welding business segment in 1998.
Number of Employees 408
Peer Companies
NAICS Code Metal Heat Treating: 332811
Recent Events
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Dynamic Materials shows big earnings drop
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Dynamic Materials Corp announces purchase of LRI Oil Tools Inc
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Dynamic Materials Acquires Canadian LRI Oil Tools
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Dynamic Materials Corp reports dividend of USD0.04 per share
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Dynamic Materials BOOM Sees Q2 Sales 25% Below Q1 Level
News & Analysis
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dynamic materials corp. - All News and Analysis
Dynamic Materials: Dividends in Lean Times
Debra Fiakas, CFA submits: Dynamic Materials BOOM is switching to a quarterly payout from an annual dividend, declaring the first quarterly dividend of $0.04. The payout has not been increased, but we expect more frequent payment could create interest among investors who are looking for a combination of...
Dynamic Materials Corporation Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Mark Parr with KeyBanc Capital Markets. Mark Parr – KeyBanc Capital Markets Hi. Good afternoon. Rick Santa Hi Mark. Yvon Cariou Good afternoon. Mark Parr – KeyBanc Capital Markets Hey Yvon, hey Rick, hey Geoff. I want...
Inside BOOM's 4th Quarter
There are two different ways one can look at Dynamic Materials’ BOOM fourth quarter earnings release and conference call on March 5, 2009: short term negative and long term positive. Looking at the short term, BOOM came in under analyst expectations in the quarter at .43 vs. an...
Dynamic Materials Corporation Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions.Your first question comes from Avinash Kant – D.A. Davidson & Co. Avinash Kant – D.A. Davidson & Co. Good afternoon Yvon and Rick. A quick question in the guidance that you have maintained for the fourth quarter, what is the mix that...
Dynamic Materials Corporation Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Your first question comes from the line of Mark Parr with KeyBanc Capital. Mark Parr – KeyBanc Capital Markets Hey, guys. Yvon Cariou Hello, Mark. Rick Santa Hi, Mark. Mark Parr – KeyBanc Capital Markets Hey, Yvon. Hey Rick,...
Dynamic Materials Corporation Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Certainly, sir. Operator instructions The first question comes from the line of James Bank of Sidoti & Co. James Bank – Sidoti & Co. Hi, good evening. In regard to the supply issues, is this something that's going to be similar to what...
Dynamic Materials Corp. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Avinash Kant of Broadpoint Capital. Avinash Kant – Broadpoint Capital Good afternoon Rick and Yvon. Quick question, on the 60% revenue growth that you are talking about, would you be able to give us your assumptions in...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Bernard Hueber | CEO |
| Yvon Pierre Cariou | Director, President and Chief Executive Officer |
| Richard Santa | Senior Vice President, Chief Financial Officer and Secretary |
| Rolf Rospek | Chief Executive |
| John Banker | Senior Vice President, Customers & Tec |
| George Young | Director, Marketing |
| Don Rittenhouse | Controller |
| Elaine Braught |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Richard P Graff | Chairman |
| Francois Schwartz | Board of Directors |
| Gerard E. Munera | Board of Directors |
| Michel Nicolas | Board of Directors |
| Michel Rieusset | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | CEO | Current |
| Dynamic Materials Corporation | Director | Current |
| Dynamic Materials Corporation | Chairman | Former |
Mr. Cariou has served as President and Chief Executive Officer since November 2000. From March 2000 to November 2000, Mr. Cariou was a consultant who performed research and development projects for the oil industry and market research for a start-up company. From November 1998 to March 2000, Mr. Cariou was President and Chief Executive Officer of Astrocosmos Metallurgical Inc., a division of Groupe Carbone Lorraine of France, involved in the design and fabrication of process equipment for the chemical and pharmaceutical industries. From September 1993 to September 1998, Mr. Cariou was a Partner and Vice President Sales and Marketing of Hydrodyne/FPI Inc., an aerospace components manufacturer specializing in liquid propulsion. From January 1991 to September 1993, Mr. Cariou was President of MAINCO Corp., an elevator design, build and service company and a division of Nu-Swift, a public company based in the United Kingdom. Earlier in his career, Mr. Cariou served as President/CEO of L.A. Water Treatment Inc., an industrial and municipal water treatment systems company and a subsidiary of London-based Thames Water Plc and as President/CEO of Goldsworthy Engineering, a specialist in the engineering and manufacture of automated systems for the laying of aerospace composite materials. He also spent seventeen years with Carbone Lorraine, a global industrial components manufacturer, where he held various executive positions in France and the United States, including President of Carbone USA Inc.
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | Director, President and Chief Executive Officer | Current |
| Dynamic Materials Corporation | Board of Directors | Current |
Mr. Santa has served as Senior Vice President, Chief Financial Officer and Secretary since January 2008; Vice President, Chief Financial Officer and Secretary from October 1996 to December 2007; and interim Chief Financial Officer from August 1996 to October 1996.6. Prior to joining the Company in August 1996, Mr. Santa was Corporate Controller of Scott Sports Group Inc. from September 1993 to April 1996. From April 1996 to August 1996, Mr. Santa was a private investor. From June 1992 to August 1993, Mr. Santa was Chief Financial Officer of Scott USA, a sports equipment manufacturer and distributor. Earlier in his career, Mr. Santa was a senior manager with Price Waterhouse, where he was employed for ten years.
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | Senior Vice President, Chief Financial Officer and Secretary | Current |
Mr. Rospek has served as Chief Executive of DMC's DYNAenergetics subsidiary since it was acquired on November 15, 2007 and as a director since that same date. From October 2001 to November 15, 2007, Mr. Rospek was Chief Executive Officer and a managing director of DYNAenergetics Beteiligungs GmbH. From April 1993 to October 2001, Mr. Rospek was employed by Dynamit Nobel where he served in various sales, marketing and management positions, including general manager of their DYNAwell business unit from March 1998 to October 2001 and general manager of their DYNAplat business unit from March 1999 to October 2001. Prior to joining Dynamit Nobel, Mr. Rospek served as general manager of the logging department of Preussag, Erdol und Erdgas GmbH, an oil and gas company that is now a subsidiary of Gaz de France. For several years during the 1980's, Mr. Rospek worked for Atlas Wireline Services which is now part of Baker Hughes and operates under the name Baker Atlas where he held various engineering and management positions in Germany, England, Italy, and Holland.
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | Chief Executive | Current |
| Dynamic Materials Corporation | Board of Directors | Current |
| Dynamic Materials Corporation | Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | Senior Vice President, Customers & Tec | Current |
| Dynamic Materials Corporation | Vice President, Marketing & Sales, Clad Metal Division | Former |
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | Director, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | Current |
| Organization | Position | Status |
|---|---|---|
| Six Sigma Companies | Current | |
| Dynamic Materials Corporation | Chairman | Current |
| Anatolia Minerals Development, Ltd. | Member of the Board | Current |
| PricewaterhouseCoopers | retired partner | Former |
| Dynamic Materials Corporation | Director | Former |
| Boston College | Undergraduate Degree In Economics | Former |
| Northeastern University | Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | Board of Directors | Current |
Mr. Munera, a US citizen, is Managing Partner of Synergex Group LLC and serves on the Boards of Dynamic Materials Company, Meridian Gold, Mag Industries and Zaruma Gold . A graduate of the French premier Ecole Polytechnique and of Ecole des Ponts et Chaussees in Paris, Mr. Munera has a diverse background which includes engineering, economics, sales, finance, operations, mining and metals. His tenures, most of which were at the Management, CEO, Executive VP and/or Chairman level, include Pechiney (20 years), Union Miniere, Rio Tinto and Minorco, an affiliate of Anglo American. Based for many years in various countries of Europe, Africa and South America, he is fluent in English, French and Spanish. Mr. Munera has been awarded the French Legion of Honor (officer) and the Algerian war medal.
| Organization | Position | Status |
|---|---|---|
| MagIndustries Corp. | Managing Partner | Current |
| Synergex Group Inc | Managing Partner | Current |
| Meridian Gold Inc. | Managing Partner | Current |
| Dynamic Materials Corporation | Board of Directors | Current |
| MagIndustries Corp. | Director | Current |
| Nevsun Resources Ltd. | Director | Current |
| Rio Tinto Limited | CEO | Former |
| Rio Tinto Limited | Executive Vice President | Former |
| Rio Tinto Limited | Chairman | Former |
| Rio Tinto Limited | Member | Former |
| Organization | Position | Status |
|---|---|---|
| GROUPE SNPE | Executive Vice President, Chemicals | Current |
| Dynamic Materials Corporation | Board of Directors | Current |
| Dynamic Materials Corporation | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Dynamic Materials Corporation | Board of Directors | Current |
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