BNET Industries

Rockwell Medical Technologies Inc.

(RMTI) is in the Health Care Industry

Market Cap:$96.1M
Last Fiscal Year Sales:$51.6M
  • Public
  • US
Dow Jones Description

Rockwell started in January 1995, with four employees, when it began manufacturing and distributing dialysis kits and other ancillary dialysis products. In January of 1996, the Company moved into a new 35,000 square foot manufacturing plant and began production and distribution of acid concentrate and bicarbonate along with ancillary dialysis products. The Company successfully completed an initial public offering (IPO) in January of 1998 and began trading on the NASDAQ Exchange under the symbol RMTI. In 1998, after several months of development, the Company successfully launched two new and innovative products. Both products, Dri-Sate Dry Acid Concentrate and SteriLyte Liquid Bicarbonate, were advancements over current industry technology and made a positive and immediate impact throughout the dialysis provider market. By the beginning of 2001 the Company had outgrown its original plant, and in July of 2001, to accommodate its expansion, Rockwell took occupancy of a new 51,000 square foot manufacturing plant. The new plant, which was designed with more efficient operating processes, would serve as the prototype for the Company's manufacturing expansion going forward. In order to accommodate its growing dialysis concentrate business, Rockwell opened its second 51,000 square foot manufacturing facility in October of 2001, in Grapevine, Texas. Designed to streamline manufacturing and distribution of all Rockwell products, the new plant was a significant and strategic step in...

Founder, Chairman, Chief Executive Officer and PresidentRobert L. Chioini
Number of Employees 250
Contact Information

30142 S Wixom Rd

Wixom, Michigan 48393-3440

rockwellmed.com

(248) 960-9009

NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510

Recent Events

  • Rockwell Medical Technologies RMTI Reports Results for First Quarter 2009

    5/12/09 - Financial Announcement - View Story

  • Rockwell Medical Technologies, Inc. Reports Fourth Quarter 2008 Results; Sales Increase 20% Year-Over-Year to $51.6...

    3/16/09 - Financial Announcement - View Story

  • Rockwell Medical Technologies, Inc. Appoints Richard Yocum, M.D. as VP of Drug Development and Medical...

    3/02/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

rockwell medical technologies inc. - All News and Analysis

Additional Resources

Decision Makers

Name (plus bio) Position
Thomas E. Klema Vice President, Cfo
Richard Yocum Vice President, Drug Dev & Medical Affairs
Larry Wheatley Projects Operations Manager

Board of Directors

Name (plus bio) Position
Robert L. Chioini Founder, Chairman, Chief Executive Officer and President
Kenneth L. Holt Board of Directors
Patrick J. Bagley Board of Directors
Ronald D. Boyd Board of Directors
Organization Position Status
Rockwell Medical Technologies, Inc. Founder, Chairman, Chief Executive Officer and President Current
Rockwell Medical Technologies, Inc. Director Former
Michigan State University Former
Organization Position Status
Rockwell Medical Technologies, Inc. Vice President, Cfo Current
Whistler.Com Vice President of Finance and Administration Former
Mol-Son Former
Rockwell Medical Technologies, Inc. Board of Directors Former
Michigan State University Master of Business Administration Degree Former
Michigan State University Business Administration Degree In 1977 Former
Organization Position Status
Rockwell Medical Technologies, Inc. Vice President, Drug Dev & Medical Affairs Current
Organization Position Status
DFW Ifma First Vice President Current
Rockwell Medical Technologies, Inc. Projects Operations Manager Current
DFW Ifma Board of Directors Current
Ifma Board of Directors Current
Northwood University Bba In Management, Marketing Former
Organization Position Status
Rockwell Medical Technologies, Inc. Board of Directors Current
Gambro Healthcare, Inc. Vice President Former
Organization Position Status
Rockwell Medical Technologies, Inc. Board of Directors Current
Organization Position Status
Rockwell Medical Technologies, Inc. Board of Directors Current
Future Tech Regional Sales Manager Former
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     RMTI $7.63 -0.08 (-1.04% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 71,341
Shares Outstanding 14.13M
Market Cap 107.8M
Year High 8.79
Year Low 1.06
Earnings Per Share -0.60
P/E Ratio -12.72
Dividend N/A
Yield N/A
IndustryTop Rated

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