BNET Industries

Industrial Services of America Inc.

(IDSA) is in the Business Services Industry

Market Cap:$38.2M
Last Fiscal Year Sales:$100.0M
  • Public
  • US
Dow Jones Description

Recycling, Scrap, Waste Management & Recycling Services

Chairman & CEO
Harry Kletter
Number of Employees 126
Contact Information

7100 Grade Ln

Louisville, Kentucky 40213-3424

www.isa-inc.com

(502) 368-1661

NAICS Code Environmental Consulting Services: 541620

Recent Events

  • ISA expects increased 3Q earnings

    10/21/09 - Financial Announcement - View Story

  • Industrial Services of America Expects Second Quarter Earnings Drop

    7/29/09 - Financial Announcement - View Story

  • Industrial Services of America, Inc.

    7/17/09 - Buildings Purchased - View Story

News & Analysis

industrial services of america inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Brian Donaghy President & COO
Alan Schroering Cfo
Charles Hulsman Vice President, CWS
Jim Wiseman Vice President, Recycling
Michael Shannonhouse Secretary & Director, Legal Affairs
Bill Moore Manager, Marketing, Sales
Richard Carnforth Manager, Marketing
Jack Baldridge Controller

Board of Directors

Name (plus bio) Position
Harry Kletter Chairman & CEO
Albert A. Cozzi Board of Directors
Orso Oliver Board of Directors
Orson Oliver Board of Directors
Richard E. Ferguson Board of Directors
Roman Epelbaum Board of Directors
Roman Eqelbaum Board of Directors

Harry Kletter has been a director of the Company since 1983. In October 1983, he was elected Chairman of the Board and Chief Executive Officer. Mr. Kletter served as President and Chief Executive Officer of the Company from October 1983 until January 1988, from January 1990 until July 1991, and from August 1992 to December 1997. Mr. Kletter has served as Chief Executive Officer continually since August 1992 and has served as President since May 2000. Mr. Kletter is the sole shareholder of K & R. Prior to his involvement with the Company, Mr. Kletter was President and Chief Executive Officer of K & R, which is now a real estate holding company. Prior thereto, Mr. Kletter was the President of Tri-City Industrial Services, Inc., which was involved in the transportation, disposal and management of solid waste. From 1980 to present, Mr. Kletter has been an investor in various other businesses including Outer Loop Industrial Park, Outer Loop Business Park, and Outer Loop Company, LLC, which are each real estate ventures.

Organization Position Status
Industrial Services of America, Inc. Chairman & CEO Current
Waste Equipment Sales & Service Co. (WESSCO) Chairman & CEO Current
Waste Equipment Sales & Service Co. (WESSCO) President Current

Mr. Donaghy has been a director of the company since June 2009. He also serves as President and Chief Operating Officer and has since August 2007. Mr. Donaghy served as ISA's acting COO from January 1, 2007 through August 2007. Prior to his appointment to that position, Mr. Donaghy was a consultant to ISA Recycling. From 2001 to 2007, he owned and operated Industrial Logistic Services, LLC, a scrap metal and waste transportation company located at ISA's Louisville headquarters, the assets of which he has sold to ISA in 2007.

Organization Position Status
Industrial Services of America, Inc. President & COO Current

ISA Chief Financial Officer since May, 2001. Mr. Schroering served as an ISA board member from June 2000 to May 2001. Mr. Schroering has served as Treasurer from October 2001 to present. Mr. Schroering served in several accounting positions with National Processing Company from April 1998 to May 2000. Mr. Schroering served previously in several accounting positions with ISA from November 1984 to March 1998.

Organization Position Status
Industrial Services of America, Inc. Cfo Current

Organization Position Status
Industrial Services of America, Inc. Vice President, CWS Current
Computerized Waste Systems President Former

Vice President of ISA Recycling since August 2007. Midwest Metals, Inc. in Louisville, Kentucky employed Mr. Wiseman from May 1997 to March 2007 as general manager of the physical scrap operation and trader of non-ferrous metals.

Organization Position Status
Industrial Services of America, Inc. Vice President, Recycling Current

Organization Position Status
Industrial Services of America, Inc. Secretary & Director, Legal Affairs Current
Industrial Services of America, Inc. Secretary Current

Organization Position Status
Industrial Services of America, Inc. Manager, Marketing, Sales Current

Organization Position Status
Industrial Services of America, Inc. Manager, Marketing Current

Organization Position Status
Industrial Services of America, Inc. Controller Current

Since February 2006, Mr. Cozzi has been a partner with Cozzi Consulting Group, a new consulting firm, marking the re-entry of Mr. Cozzi into the scrap industry following a two-year non-compete agreement he had with his former employers at Metal Management, Inc. From July 1999 to January 2004, Mr. Cozzi served as the Chief Executive Officer of Metal Management, Inc., headquartered in Chicago, Illinois, one of the largest full service metals recyclers in the United States. From December 1997 to June 1999, Mr. Cozzi served as the President and Chief Operating Officer of Metal Management, Inc. From 1963 to 1997, Mr. Cozzi held various positions with Cozzi Iron & Metal, originally located in Chicago, Illinois, prior to its merger with Metal Management, Inc., including President from 1990 to 1997. Mr. Cozzi received an M.B.A. from the University of Chicago.

Organization Position Status
Industrial Services of America, Inc. Board of Directors Current

Organization Position Status
Industrial Services of America, Inc. Board of Directors Current

Orson Oliver has been a director of the Company since February 1, 2005. He is currently an independent business consultant with over thirty-five years of experience in banking and financial consulting. Mr. Oliver began his career in 1968 as an attorney with the U.S. Treasury Department in Washington, D.C. In September of 1975, he joined Bank of Louisville as general counsel. In November of 1985, he was elected president of the Bank of Louisville. When Branch Banking and Trust Company acquired the Bank of Louisville in 2003, the Bank of Louisville had assets of $1.6 billion and was the largest, locally managed bank in Louisville, Kentucky. Since his retirement from banking in February of 2004, Mr. Oliver has worked as an independent general business consultant for the Al J. Schneider Company, a corporation with a number of large hotels and real estate holdings in the Louisville, Kentucky area. Since May 2004, Mr. Oliver has also worked as an independent general business consultant for PNC Bank, which is headquartered in Pittsburgh, Pennsylvania with assets of $77.3 billion. Mr. Oliver has been a member of the Board of Directors of The Rawlings Company, LLC since January 1997 and the Al J. Schneider Company since February, 2004.

Organization Position Status
Industrial Services of America, Inc. Board of Directors Current

Organization Position Status
Industrial Services of America, Inc. Board of Directors Current

Organization Position Status
Industrial Services of America, Inc. Board of Directors Current
Deloitte Touche Tohmatsu Former

Organization Position Status
Industrial Services of America, Inc. Board of Directors Current

Executive News

  • Harry Kletter Family Partnership

    Business First of Louisville - 7/17/09 - View Story

  • Industrial Services of America, Inc.

    Business First of Louisville - 7/17/09 - View Story

  • Industrial Services of America, Inc. Agrees to Acquire Key Real Estate

    Reuters - 7/17/09 - View Story

  • Industrial Services of America, Inc. Agrees to Acquire Key Real Estate

    Business Wire - 7/17/09 - View Story

  • Industrial Services to buy real estate from founder

    Business First of Louisville - 7/17/09 - View Story

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     IDSA $10.20 +0.10 (0.99% )
Average Volume 12,896
Shares Outstanding 3.79M
Market Cap 38.6M
Year High 11.8299
Year Low 3.58
Earnings Per Share 0.11
P/E Ratio 92.73
Dividend N/A
Yield N/A
Glass Door

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