MOD-PAC CORP.
News and overview for MOD-PAC CORP.
MOD-PAC CORP. Reports Earnings per Share of $0.29 on $12.6 million in Revenue in Third Quarter 2009 [Press Release]
Business Wire | 18 days 13 hours 37 minutes ago
MOD-PAC CORP. (NASDAQ: MPAC), a manufacturer of custom and stock paper board packaging and personalized print products, today reported total revenue of $12.59 million in the third quarter of 2009, which ended October 3, 2009, relatively flat compared with revenue of $12.64 million in the 2008 third quarter. Strong sales growth in the custom folding carton line was offset by reduced sales in the stock packaging and personalized print lines which have been impacted heavily by the weak economy a...
MOD-PAC CORP. Reports Earnings per Share of $0.29 on $12.6 million in Revenue in Third Quarter 2009 Third quarter net income of $1.01 million, up from $14 thousand in prior year, despite relatively flat total revenue
CNBC | 18 days 13 hours 1 minute ago
BUFFALO, N.Y., Nov 04, 2009 (BUSINESS WIRE) -- --Product line rationalization drove margin expansion: Third quarter gross and operating margins each up 440 basis points to 20.0% and 5.4%, respectively --Custom folding carton sales increased 14.8% for the quarter and 16.7% for the nine months; Offset declines in other product lines --Generated $1.0 million in cash from operations in the quarter on higher net income; Asset sales and surrendered insurance policies net additional $1.1 million in ...
Apago Introduces PDF Shrink 4.5 for Windows [Press Release]
Business Wire | 12 days 9 hours 54 minutes ago
Apago Inc., a software technology company that provides innovative solutions to transform digital documents, today introduces PDF Shrink 4.5 for Windows, bringing the award-winning and popular Mac utility to Windows users. PDF Shrink is a must-have for consumers and small businesses that need to produce PDFs at a quality and file size appropriate for use with smartphones, on the Web, as email attachments, or for onscreen reading. PDF Shrink can reduce most PDF files—including those created by...
RehabCare Group, MOD-PAC: Biggest Price Gainers (RHB, MPAC)
Wall Street Journal, The | 18 days 7 hours 20 minutes ago
RehabCare Group Inc. topped the list of Biggest Percentage Price Gainers among common stocks on the New York Stock Exchange at midday on Wednesday. See the full list .
HEADLINE STOCKS-U.S. small/midcap stocks on the move on Nov 4
Forbes | 18 days 6 hours 50 minutes ago
(Updates to add Agilysys, Garmin) (For large-cap stocks on the move, click on) Article Controlsemail
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Company Overview
| Company: | MOD-PAC CORP. |
|---|---|
| Industry: | Packaging & Container Manufacturing |
| Website: | http://www.modpac.com |
Brown paper packages tied up with strings, these are a few of MOD-PAC's favorite things. MOD-PAC makes folding carton packaging for big brand and private label manufacturers of personal and healthcare products, as well as candy, food and beverage, and even auto parts. Over 30% of its income comes from small to midsized commercial print orders for business cards, direct-mail postcards, stationery, and catalogs. MOD-PAC also boasts personalized printing of special-occasion paper goods for bridal and gift shops and Internet resellers. Chairman Kevin Keane and his son, CEO Daniel Keane, together own over 40% of the company.
Key Numbers
| Sales in U.S. Dollars (mil.) | 48.9 (2008) |
|---|---|
| One-year % Growth in Sales | 1.5 (2008) |
| Net Income in U.S. Dollars (mil.) | -0.9 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 390 (2008) |
| One-year % Growth in Number of Employees | -14.1 (2008) |
| Fiscal Year-End | December |