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Balance Sheet Cash Flow Statement 22160 N. Pepper Rd. Barrington, IL 60010 IL Tel. 847-382-1000 Toll Free 800-284-5605 Fax 847-382-1219 |
Type: Public
On the web:
http://www.ctiindustries.com
Employees:
330
Employee growth: 292.9%
Ballooning profits would be most welcome at CTI Industries Corporation. The company's metalized and latex balloons are decorated with messages and cartoon characters, such as Garfield and Miss Spider. It sells balloons and novelty inflatable items to distributors, retailers, grocers, and florists. CTI Industries also makes wrapping and custom film for commercial and industrial uses such as food packaging (candy wrappers) and dunnage bags (inflatable pouches used as cushioning during shipping). Its top three customers account for about 50% of sales. Chairman John Schwan and EVP Stephen Merrick each own approximately 27% of CTI.
Key numbers for fiscal year ending December, 2008:
Sales: $45.0M
One year growth: 23.2%
Net income: $1.2M
Income growth: 1309.2%
Officers:
Chairman: John H. Schwan
President and Director: Howard W. Schwan
CFO: Stephen M. Merrick
Competitors:
Conver
