BNET Industries
Universal Automotive Industries Inc. (UVSL Q) is in the Auto Industry
- Revenue
- Dec 31 2003
- $59.3M
- Profit
- Dec 31 2003
- ($4.2M)
- Market Cap
- Oct 03 2008
- $9.8K
Latest News and Analysis
Generating interest in engineering & manufacturing; A recent study indicates that a key way to generate interest among students in engineering and manufacturing is by proving that it isn't dull and boring. One solution: developing race karts
One of the big problems about encouraging students into engineering is the perception that it is dull and boring. This has led to a dramatic fall off in the number who want to take it up as a profession. One of the solutions, says a recent report...
Wanxiang broadens its U.S. presence.(Suppliers)(Brief Article)
Byline: Lindsay Chappell China's Wanxiang Group purchased its first equity stake in a U.S. manufacturing company in 1999. Today that number has grown to six, with estimated 2005 sales of $400 million. The companies have plants in...
Bellwether Report Is Currently Tracking UVSL, TGEN, FMDAY, and WGAT
The Bellwether Report is the leading onlinefinancial newsletter, focusing on small-cap emerging growth opportunities.We strive to introduce investors to truly undervalued opportunities in atime-friendly fashion, allowing for optimal entry points and profitableexit points. Today, we will be tracking the following companies to gaugethe short-term sentiment of their market. Universal...
ManageSource Research, Inc. Initiates Coverage of Universal Automotive Industries, Inc. (NASDAQ: UVSL)
ManageSource Research, Inc. announced todaythat it is initiating coverage of Universal Automotive Industries, Inc.(NASDAQ: UVSL) with a Speculative Buy rating and a current averageintrinsic value of $1.32 - $1.69 based upon the Company's strong resultsduring Q1 and Q2 of FY 2004 from the impact of their recent acquisition ofcertain assets...
Universal Automotive Industries.(Purchasing pros on the move)(Brief Article)
Universal Automotive Industries has appointed Lisa Kusluski to the newly created position of director of supply chain. Kusluski will oversee the company's purchasing department, among other responsibilities and will report directly to Phil Zettel, vice president of supply chain and operations. "Building an experienced and ...
Deal hasn't halted woes at brake parts company; Universal Automotive blames higher expenses for $3.3-mil. loss in 2Q.(News)
Byline: BOB TITA Universal Automotive Industries Inc.'s bid to get bigger so far hasn't made the company's performance better. The Alsip-based maker of replacement brake parts for vehicles bought TRW Automotive Inc.'s brake parts unit for $12 million early this year...
Chinese suppliers make a mark overseas; Export market opens for homegrown firms.(Suppliers)
Byline: Alysha Webb While global parts suppliers are rushing into China, a few indigenous Chinese suppliers are beginning to grow outside the country. "There is a group of suppliers that have the possibility of becoming internationally competitive...
Supply line.(meshed briefs)(Brief Article)
Behr creates joint venture in China STUTTGART - Air conditioning and engine cooling systems supplier Behr GmbH & Co. KG has formed a joint venture with Shanghai Automotive Co. Ltd. and Japanese parts supplier Sanden Corp. to supply refrigerant compressors...
Ford production methods in a door factory
It is interested and unusual to find a woodworking plant today that is using modern machinery on a high-production basis comparable to the methods now universal in the automotive industry. A few years ago when the woodworking industry was in much better condition than it is today, the...
Disk brake pads reduce noise and vibration. (Automotive).
A range of ceramic disk pads for automobiles--designed to reduce dust and noise, as well as increase brake performance--has been introduced by Universal Automotive Industries Inc UAI, USA. Ceramic disk brake pads have been in use for over a decade by...
Industry Digest.(Briefs)
Smithers expands test capabilities AKRON-Smithers Scientific Services Inc. said it boosted its Akron laboratories' material testing capabilities by 30 percent, largely by adding the Noveon Inc.'s rubber testing business it bought last year. The company said...
vFinance Announces Investment Opinion on Universal Automotive Industries, Inc
Business Editors NOTE TO EDITORS: The following is an investment opinion issued by vFinance Investments Inc. NEW YORK--BUSINESS WIRE--June 14, 2002 Initiates Coverage on Universal Automotive, A Leading Manufacturer and Distributor of Brake Parts for the Automotive Aftermarket, With ...
Universal Automotive Sees Projects Profitability In 2002 - Universal Automotive Industries Inc - Brief Article - Statistical Data Included
Universal Automotive Industries, Inc. said it had record earnings of $152,000 ($.02 per share) as compared to a net loss of $1,085,000 ($.15 per share) for the prior year's quarter. The company said it completed the final stage of its restructuring with the sale of its Hungarian Foundry...
Universal Automotive Industries, Inc. to Present At RedChip Partners Investor Conference in Chicago May 6, 2002; Noted Financial Expert, Terry Savage, to Speak
Business Editors RedChip Partners Investor Conference ALSIP, Ill.--BUSINESS WIRE--April 25, 2002 Universal Automotive Industries, Inc. (NasdaqSC:UVSL), a manufacturer and distributor of brake rotors, drums, disc brake pads, relined brake shoes, wheel cylinders and brake hoses for the automotive aftermarket, will present at the RedChip...
Euro-Industrial purchases Universal Automotive's brake system component foundry in Hungary
Euro-Industrial, Ltd. L.L.C., has purchased Alsip, Illinois-based Universal Automotive Industries, Inc.'s interest in its Csepel, Hungary foundry operation. Universal Automotive is a manufacturer and distributor of brake rotors, drums, disc brake pads, relined brake shoes, wheel cylinders and brake hoses for the automotive aftermarket. Euro-Industrial's principal shareholder, Tad...
Universal Automotive Industries, Inc
Universal Automotive Industries, Inc., Chicago, is in the final stages of selling its gray iron foundry in Hungary...
WANXIANG PURCHASED ONE AMERICAN PUBLIC COMPANY
AsiaInfo Services09-10-2001Wanxiang Purchased One American Public CompanyCHINA, Sep 10, 2001 AsiaPort via COMTEX -- In the list of Wanxiang's overseas subsidiaries now added an American public company. In 28th August, Wanxiang American Company formally purchases American "UAI" Universal Automotive industries INC.This is the first time for China's enterprises purchasing public...
Flying Under Radar: Fewer options; Financing alternatives shrink when a stock dips below $5.
In the slow-growth auto parts business, Arvin Scott is in a hurry. If he could just raise $10 million from his bankers, he figures, he could boost annual revenues at Universal Automotive Industries Inc. 50% to more than $100 million, inside of two years. ...
UNIVERSAL AUTOMOTIVE INDUSTRIES INC.; Rank: 177.(Brief Article)
11859 S. Central Ave. Alsip 60803 (708) 293-4050 www.uaiinc.com CEO: Arvin Scott Board members: Sami Israel, Dennis Kessler, Sheldon Robinson, Arvin Scott, Yehuda Tzur, Sol S. Weiner 1999 revenues millions: $67.8...
Personnel.(appointments and selections in automobiles)(Brief Article)
Vehicle Makers PORSCHE CARS NORTH AMERICA INC. - Chris Gilman to manager for the Porsche sport-utility project. He will oversee the U.S. and Canadian launch of the Porsche sport-utility, which is scheduled to debut in 2002. He...
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- Incorporated: 1994
- Employees: 234
Co.'s primary business is the manufacturing and marketing of brake parts, including brake rotors, drums, disc brake pads, brake shoes and hydraulic parts for the automotive brake part aftermarket. The brake parts Co. sells can be divided into three main categories: drums and rotors; friction parts; and hydraulic parts. The friction category of parts consists of brake shoes for drum systems and brake pads for disc systems. Cylinders and brake hoses are examples of hydraulic parts. Co. manufactures some of these parts and act as a distributor for others. Co. manufactures disc brake rotors in its Cuba, Missouri facility, and formulate and manufacture disc brake pads at its North American Friction plant, located in Toronto, Canada. At Co.'s plant in Walkerton, Virginia, Co. manufactures brake pads, brake shoes and drum brake lining. The hydraulic parts Co. sells are all purchased from suppliers.
Key Competitors
Universal Automotive Industries Inc. Company Info
Board of Directors
Yehuda Tzur
Chmn.
Arvin Scott
Robert W. Zimmer
Zemin Xu
Alan Zeffer
Dennis L. Kessler
M. Catherine Jaros
Contact Information
11859 South Central Avenue
Alsip, IL
708 293-4050
NAICS Code
Motor Vehicle Supplies and New Parts Merchant Wholesalers: 423120
