Rotonics Manufacturing Inc.

News & Analysis

rotonics manufacturing inc. - All News and Analysis

• Goldsmith Agio Helms Announces the Sale of the Rotational Molding Division of The Plastics Group, Inc

  - 2007-02-28

  MINNEAPOLIS -- The Lower Mid-Market Group ("LMG") of Goldsmith Agio Helms is pleased to announce the sale of the Rotational Molding Division ("RMC" or the "Company") of The Plastics Group, Inc. ("TPG"), a Chicago-based portfolio company of Chicago Growth Partners. RMC, a highly profitable Maple Plain, Minnesota based manufacturer of...

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• Rotonics Manufacturing Completes Merger Transaction and Will Cease to Trade Publicly

  - 2007-01-29

  GARDENA, Calif. -- Rotonics Manufacturing Inc. (AMEX:RMI) today announced the completion of a merger between RMI Minnesota Corporation and RMI, through which each issued and outstanding share of RMI's common stock has been converted into the right to receive $3.00 in cash without interest (other than shares of RMI's common...

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• Rotonics Manufacturing Inc. Announces First Quarter Earnings Per Share of $.03

  - 2006-10-14

  GARDENA, Calif. -- Rotonics Manufacturing Inc. (AMEX:RMI) today announced that first quarter net income was $389,300, or $.03 per common share, on net sales of $12,652,900 compared to net income of $742,800, or $.06 per common share, on net sales of $12,500,100 for the same period last year. In...

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• Rotonics Manufacturing Inc. Announces Fiscal Year-End Audited Results; Net Sales Increased 6.5% and Net Income Increased 17.5%

  - 2006-09-16

  GARDENA, Calif. -- Rotonics Manufacturing Inc. (AMEX:RMI) today announced final results for fiscal year ending June 30, 2006. The final results included adjustments to our current and deferred income tax provision for fiscal 2006. As such, we are pleased to report audited net income of $2,079,000, or $0.18 per common...

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• McKinniss plans to take Rotonics private.(Rotonics Manufacturing Inc. to be acquired by Spell Capital Partners and Sherman McKinniss )

  - 2006-09-04

  Byline: Angie DeRosa Tired of paying the price to maintain a publicly held company, rotational molding industry veteran Sherman McKinniss is teaming with Spell Capital Partners LLC of Minneapolis to take Rotonics Manufacturing Inc. private by the end of the year. ...

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• Rotonics Manufacturing Announces Definitive Merger Agreement for $3.00 in Cash Per Share

  - 2006-08-30

  GARDENA, Calif. -- Rotonics Manufacturing Inc. (AMEX:RMI) today announced that it has signed a merger agreement with Rotonics Holding Corporation ("Buyer") and a wholly owned subsidiary of the Buyer ("Merger Sub"), pursuant to which Buyer would acquire 75% of the outstanding capital stock of Rotonics (including all shares held by...

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• Network helps Nuwave launch trash bins.(innovative plastic commercial trash bins)

  - 2006-08-14

  Byline: Roger Renstrom Rotational molder Nuwave Container LLC of Santa Ana, Calif., is riding a crest with innovative plastic commercial trash bins and nationwide licensed production. Nuwave benefits from key relationships with resin supplier Nova Chemicals Corp.; rotomolders Rotonics Manufacturing Inc.,...

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• Rotonics Manufacturing Inc. Announces Unaudited Fiscal Year-End Earnings; Net Sales Increased 6.5% and Net Income Increased 13%

  - 2006-07-25

  GARDENA, Calif. -- Rotonics Manufacturing Inc. (AMEX:RMI) is pleased to announce preliminary results for fiscal year ending June 30, 2006. The Company reported unaudited net income of $2,000,400, or $0.17 per common share, on net sales of $48,051,200 compared to net income of $1,769,900, or $0.15 per common share, on...

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• Rotonics Manufacturing Inc. Announces Common Stock Cash Dividend Will Not Be Paid at This Time

  - 2006-06-27

  GARDENA, Calif. -- Rotonics Manufacturing Inc. (AMEX:RMI) today announced that its Board of Directors ("the Board") determined not to declare its common stock cash dividend at this time. As part of this decision, The Board acknowledged that the Company has performed well during fiscal 2006 in spite of numerous economic...

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• Rotonics Manufacturing Inc. Announces Third Quarter Results; Net Sales Increased 1.5% for Three Months and 7.2% for Nine Months; Year-to-Date Earnings Increased 16.5%

  - 2006-04-17

  GARDENA, Calif. -- Rotonics Manufacturing Inc. (AMEX:RMI) announced today earnings of $161,000, or $.02 per common share, on net sales of $11,034,600 for the third quarter ended March 31, 2006, compared to earnings of $339,800, or $.03 per common share, on net sales of $10,873,200 for the same period last...

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