Profile: Catalina Lighting Inc (CALAQ.PK)
7 Mar 2014
Catalina Lighting, Inc., incorporated in 1974, designs, manufactures, contracts for the manufacture of, imports, warehouses and distributes a broad line of lighting fixtures and lamps under the Catalina, Dana, Ring, Illuminada and Aziano trade names. The Company also functions as an original equipment manufacturer (OEM), selling goods under its customers' private labels. Catalina Lighting markets a diverse product line, comprised principally of lighting products used primarily in residential and office environments. Its product line consists mainly of two categories: hardwire lighting fixtures and portable lamps. Hardwire lighting fixtures include outdoor/security lighting, recessed and track lighting, wall, vanity and ceiling lights, pendants and chandeliers. Portable lamps include table and floor lamps, torchieres, accent, buffet, desk and task lamps. A smaller percentage of its product line consists of industrial consumables, products for the automotive aftermarket, and train and bus lighting. The Company sells its products in the United States, the United Kingdom, continental Europe, Asia and Canada.
The North American segment consists primarily of the Company's North American sales and distribution organizations and the supporting China-based sourcing and manufacturing operation. This segment is comprised of operating companies, such as Catalina Industries, Inc. (Catalina Industries); Catalina Lighting Canada (1992), Inc. (Catalina Canada); Catalina Lighting Mexico S.A. de C.V. (Catalina Mexico), and the manufacturing and sourcing activities of Go-Gro as they relate to intercompany sales. The distribution companies of the North America segment design, import, warehouse and distribute hardwire lighting fixtures and portable lamps in the United States and Canada to major retailers, including home centers, office superstore chains, mass merchandisers, discount department stores, hardware stores, warehouse clubs and lighting showrooms. The North America segment has two significant customers: a large discount retailer and a large home improvement retailer, which accounted for 33.1% and 10.6%, respectively, of this segment's sales, during the fiscal year ended September 30, 2004 (fiscal 2004), and 27.4% and 6.2%, respectively, of this segment's sales during the fiscal year ended September 30, 2003 (fiscal 2003).
Go-Gro, the Company's China manufacturing and sourcing subsidiary, provides substantially all of the products for this segment's distribution companies. The products are manufactured by Go-Gro or purchased from other factories in China. The distribution companies of this segment arrange for the shipment of their products directly from Go-Gro or other factories to the customers' distribution centers or stores. They also sell and ship from their warehouse facilities.
United Kingdom consists of Ring Limited, its seven principal trading subsidiary companies and its parent holding company, Catalina International Limited (Ring). The Company added the United Kingdom segment as a primary business segment with the acquisition of Ring in July 2000. Ring is a wholesaler and distributor England consisting of seven principal trading companies comprising three operating divisions: Ring Lighting, Ring Automotive and Consumables. These divisions are engaged in the sale of lighting, automotive after-market and industrial consumable products primarily in the United Kingdom.
Ring Lighting sells a product line of lamps and lighting fixtures comparable to that offered in North America. These products are sold primarily from warehouse facilities under the Ring trade name or the customers' label to a variety of retailers in the United Kingdom, including home centers and mass merchandisers. Ring Automotive consists of the automotive division of Ring Lamp Company Ltd. and four other subsidiaries. These companies sell an extensive line of products under each Company's trade name or under their customers' private label, to the caravan, train and automotive aftermarket. Products sold include replacement headlights, auxiliary lighting products, caravan accessory systems, flashlights, flasher units and relays, windshield wiper blades and washer pumps, engine and suspension components and other automotive electrical components.
Van-Line Ltd. and Arctic Products Ltd. form Ring's Consumables division. Van-Line is a supplier of workshop consumables and branded tools to independent distributors. Arctic Products sells portable pipe freezing equipment and a variety of products for the plumbing and gas industry, including smoke alarms, carbon monoxide detectors, soldering sprays and pressurized air cans.
China Manufacturing and Distribution
China Manufacturing and Distribution consists of the sale of products manufactured or outsourced by Go-Gro primarily to third-party distributors and retailers in Europe and Asia and to Ring. Go-Gro manufactures a wide range of products, including lamps, recessed lighting fixtures and track lighting fixtures. In addition to its sales to North America, which are included in the North America segment, Go-Gro sells directly for its own account primarily to European distributors and retailers, Asian retailers and to Ring.
Catalina Lighting Inc
16200 NW 59th Avenue
MIAMI LAKES FL 33014