Danbel Industries' President Leslie Bresge talks to The Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--Oct. 2, 2000 The Wall Street Transcript has published an in-depth interview with Leslie Bresge, President of Danbel Industries (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :DDI ddI and ddC: see AZT. ), in which he talks at length about the company's future. The entire 2,000-word interview is available free online at http://www.twst.com/ceos.htm Bresge gives an overview of the company. "We are a manufacturer and distributor of lighting. Basically we are trying to be a one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. for most products in the residential and commercial industrial fields of lighting. We also have a very extensive light bulb range. We import and we distribute certain major names in the lighting industry." Bresge explains, "In the residential field, we are one of the very few people, potentially, I think Danbel is perhaps the only company in Canada, and one of a handful within North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , bending and decorating our own glass. We are ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9000 certified and licensed to do our own CSA (1) (Canadian Standards Association, Toronto, Ontario, www.csa.ca) A standards-defining organization founded in 1919. It is involved in many industries, including electronics, communications and information technology. and UL testing and certification. So we have very good capabilities here. Our marketing and creative design departments are extremely good. We're pretty strong at acquiring merchandise that suits the marketplace." Looking forward, Bresge states, "My goal is to be about $500 million dollars in the next three to five years. I'm not satisfied with the company doing $100 million. I'd like to ensure that we capture a reasonable part of the market share. Especially with our growth in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , we feel that it is achievable." This interview is part of a 62-page Homebuilding Industry Issue available at http://www.twst.com/info/info182.htm or by calling (212) 952-7433 The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors for over 37 years. The Wall Street Transcript has launched a new free service where investors can ask Danbel Industries (or any public company) a question at http://www.qawire.com The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call (800) 246-7673. |
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