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International Baler Corp.

 
Hoover's Profile: International Baler Corp.
 
(OTC:IBAL)
Contact Information
International Baler Corp.
5400 Rio Grande Ave.
Jacksonville, FL 32254
FL Tel. 904-355-5558
Toll Free 800-231-9286
Fax 904-358-7013

Type: Public
On the web: http://www.intl-baler.com
Employees: 62
Employee growth: (4.6%)

No need to bail on International Baler. This holding company, formerly known as Waste Technology, banks on its business being in the dumps. International Baler manufactures about 50 different types of waste baling equipment. It also sells replacement parts for waste haulers. In addition, International Baler produces accessories such as conveyor belts and "rufflers," which break down refuse for better compaction. Customers include rubber and polymer makers, solid-waste recycling facilities, power generating facilities, textile and paper mills, cotton gins, and supermarkets. International Baler makes about three-quarters of its sales in the US.

Key numbers for fiscal year ending October, 2008:
Sales: $12.8M
One year growth: 32.5%
Net income: $2.1M
Income growth: 241.1%

Officers:
Chairman: Ronald L. McDaniel
President, CEO, and Director: D. Roger Griffin
CFO and Director: William E. Nielsen

Competitors:
Dover Corp.
Harris Waste Management
Wastequip

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