BNET Industries
Last Fiscal Year Sales:$608.8M
- Public
- US
Dow Jones Description
We are a leading designer, manufacturer and marketer of branded products in the fragmented personal protection equipment industry. We manufacture and market a full line of personal protection equipment for workers in the general safety and preparedness, fire service and electrical safety industries. We sell our products under trusted, long-standing and well-recognized brand names, including North , KCL , Fibre-Metal , NEOS , Morning Pride , Ranger , Servus , Pro-Warrington , American Firewear , Salisbury and SafetyLine . Our broad product offering includes, among other things, respiratory protection, protective footwear, hand protection, turnout gear and linemen equipment. We classify our diverse product offerings into three operating segments: General Safety and Preparedness . We offer a diverse portfolio of leading products for a wide variety of industries, including the manufacturing, agriculture, automotive, construction, food processing and pharmaceutical industries and the military, under the North , KCL , Fibre-Metal , NEOS , Ranger and Servus brand names. Our product offering is one of the broadest in the personal protection equipment industry and includes respiratory protection, protective footwear, hand protection, eye, head and face protection, first aid, hearing protection and fall protection. ...
President, Chief Executive Officer and Manager
Robert A. PetersonNumber of Employees 3,055
Peer Companies
NAICS Code Other Apparel Accessories and Other Apparel Manufacturing: 315999
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Robert A. Peterson | President, Chief Executive Officer and Manager |
| Charles S. Ellis | Presidentnorth Worldwide |
| William J. Hayes | Presidentgeneral Safety and Preparedness |
| David F. Myers | Cfo, Secretary, Executive Vice President & Manager |
| Ken Martell | Vice President & General Manager |
| Benjamin A. Hochberg | Manager |
| Brian Kwait | Manager |
| Craig Staub | Manager |
| Lee Wulf | Manager, Info Sys |
| Matthew Satnick | Manager |
| Tom Alger | Plant Manager |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Muzzi Mirza | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Norcross Safety Products LLC | President, Chief Executive Officer and Manager | Current |
| Organization | Position | Status |
|---|---|---|
| North Safety Products USA | President | Current |
| Norcross Safety Products LLC | Presidentnorth Worldwide | Current |
| Norcross Safety Products LLC | General Manager | Former |
| Norcross Safety Products LLC | General Manager | Former |
William J. Hayes. Mr. Hayes has served as our President-General Safety and Preparedness since October 2006. Mr. Hayes was previously with Nitto Denko Corporation, where he served as President and Chief Executive Officer of Nitto Americas (Nitto Denko s $350 million portfolio of U.S. based manufacturing companies) and also served as Corporate Vice President of Nitto Denko, a multi-billion dollar global business. Prior to joining Nitto Denko in 1994, Mr. Hayes served as General Manager of Brady Coated Products Co., a unit of Brady Corp. Prior to joining Brady in 1987, Mr. Hayes worked for Johnson & Johnson and Avery Dennison in a variety of positions.
| Organization | Position | Status |
|---|---|---|
| Norcross Safety Products LLC | Presidentgeneral Safety and Preparedness | Current |
| Nitto Denko Corporation | Corp Vice President | Current |
| Avery Dennison Corporation | Former |
| Organization | Position | Status |
|---|---|---|
| Norcross Safety Products LLC | Cfo, Secretary, Executive Vice President & Manager | Current |
| Organization | Position | Status |
|---|---|---|
| W.H. Salisbury & Company | Vice President & General Manager | Current |
| Norcross Safety Products LLC | Vice President & General Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Norcross Safety Products LLC | Manager | Current |
Mr. Kwait is one of the founders of Odyssey Investment Partners, LLC and was a principal in the private equity investing group of Odyssey Partners from 1989 to 1997. He currently serves on the Board of Directors of Wastequip, Inc., Pro Mach, Inc. and Norcross Safety Products, LLC. Prior to joining Odyssey, Mr. Kwait was at Bear, Stearns & Co., Inc. from 1988 to 1989, where he was an associate in the Corporate Finance Group and worked on various debt and equity financings and restructurings in a variety of industries, including industrial manufacturing, business services and retail services. Prior to Bear Stearns, Mr. Kwait was a CPA and senior accountant at Ernst & Whinney. A native of Ohio, Mr. Kwait is a graduate of the University of Michigan and received his MBA from the Wharton School of the University of Pennsylvania.
| Organization | Position | Status |
|---|---|---|
| Odyssey Investment Partners, LLC | Co-President & Managing Principal | Current |
| Norcross Safety Products LLC | Manager | Current |
| Odyssey Investment Partners, LLC | Principal | Current |
| Ranpak Corp. | Board of Directors | Current |
| United Site Services, Inc. | Director | Current |
| Norcross Safety Products LLC | Member of The Board | Current |
| Wastequip, Inc. | Board of Directors | Current |
| Odyssey Investment Partners, LLC | Co-Founder & Managing Principal | Former |
| The Bear Stearns Companies Inc. | Associate, Corporate Finance Group | Former |
| Ernst & Whinney | Senior Accountant | Former |
| Bear, Inc. | Former | |
| Wharton School, University of Pennsylvania | MBA | Former |
| Wharton Graduate School of the University of Pennsylvania | MBA | Former |
| Ernst & Whinney | CPA | Former |
| University of Michigan | graduate | Former |
Craig P. Staub . Mr. Staub has served as a member of the board of managers since April 2006. Mr. Staub joined Odyssey Investment Partners, LLC in 2003 and also currently serves on the Board of Directors of Ranpak Holdings and Pro Mach, Inc. Prior to joining Odyssey, Mr. Staub was a vice president at Westbury Equity Partners where he was responsible for executing and monitoring private equity investments. Previously, he was a vice president for The Shattan Group, a boutique investment bank and Marakon Associates, a strategic consulting firm.
| Organization | Position | Status |
|---|---|---|
| Norcross Safety Products LLC | Manager | Current |
| Ranpak Corp. | Board of Directors | Current |
| Norcross Safety Products LLC | Board of Directors | Current |
| The Shattan Group LLC | Vice President | Former |
| Marakon Associates, Inc. | Associate | Former |
| Odyssey Investment Partners, LLC | Associate | Former |
| College of William & Mary | BA in Economics and MPP in Public Policy | Former |
| College of William & Mary | MPP in Public Policy | Former |
| Organization | Position | Status |
|---|---|---|
| Norcross Safety Products LLC | Manager, Info Sys | Current |
| Organization | Position | Status |
|---|---|---|
| Odyssey Investment Partners, LLC | Vice President | Current |
| Odyssey Investment Partners, LLC | Associate | Current |
| Norcross Safety Products LLC | Member of The Board | Current |
| Saunders, Karp & Megrue | Associate | Former |
| Lazard Ltd. | Analyst | Former |
| University of Pennsylvania | Ba | Former |
| Organization | Position | Status |
|---|---|---|
| Norcross Safety Products LLC | Plant Manager | Current |
| North Safety Products-Footwear Division | General Manager | Former |
| North Safety Products-Footwear Division | General Manager | Former |
Mr. Mirza is one of the founders of Odyssey Investment Partners, LLC and was a principal in the private equity investing group of Odyssey Partners from 1993 to 1997. He currently serves on the Board of Directors of Aviation Technologies, Inc., Dresser, Inc., United Site Services, Inc., Neff Corp, Norcross Safety Products, LLC., and Tri-Star Electronics, Inc. Prior to joining Odyssey, Mr. Mirza was head of the merchant banking group at GE Capital Corporation, where he was responsible for the company's cash flow lending and investing activities. Under Mr. Mirza, GE Capital's merchant banking portfolio managed over 75 investments representing several billion dollars. He had direct involvement and responsibility for a wide range of investments in various industries including retail, industrial manufacturing, business services and apparel. Mr. Mirza spent five years at Marine Midland Bank (1983 - 1988) and was a member of the bank's first LBO finance group. A native of Pakistan, Mr. Mirza is a graduate of Claremont McKenna College and received his MBA from the American Graduate School of International Management.
| Organization | Position | Status |
|---|---|---|
| Odyssey Investment Partners, LLC | One of the Founders | Current |
| Odyssey Investment Partners, LLC | Managing Principal | Current |
| Dresser, Inc. | Board of Directors | Current |
| Norcross Safety Products LLC | Board of Directors | Current |
| Aviation Technologies, Inc. | Board of Directors | Current |
| Neff Motivation Inc. | Director | Current |
| United Site Services, Inc. | Board of Directors | Current |
| Tri-Star Electronics, Inc | Board of Directors | Current |
| Aviation Technologies | Director | Current |
| Marine Midland Bank | LBO finance group member | Former |
| General Electric Capital Corporation | Head of the Merchant Banking Group | Former |
| American Graduate School of International Management | MBA | Former |
| Claremont McKenna College | graduate | Former |
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