BUSINESSWEEK'S HOT GROWTH COMPANIES

Hot Growth Special Report 2006 >

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32

Empire Resources (ERS)

It was a good year for aluminum distributor Empire Resources. Despite rising energy costs and an unnerving cyclical market, the demand for aluminum was strong across several industries from transportation to housing to appliances. Headquartered in Fort Lee, N.J., the company saw its net income jump 98% on higher pricing and bigger orders from places like Canada, Europe, and Australia. That breaks down to an average 50.3% average annual profit growth over the last three years, which Empire Resources achieved by streamlining its shipping operations and moving metal on a "just in time" basis.

Company Info

2005 Rank

NR

Market Value*
($ Millions)

444.5

Sales*
($ Millions)

378.0

Sales Growth
(3-yr. avg. annual)

29.5 %

Profits*
($ Millions)

9.7

Profit Growth
(3-yr. avg. annual)

56.6 %

Return on Inv. Capital (3-yr.)

27.7 %

Share Price
12-Mo. Hi/Lo

50/4

Share Price
As of 4/28/06

46

Return on Equity

40.2 %

P/E Ratio

47

No. of Employees

50

Industry Aluminum
CURRENT
MARKET INFO

ERS >

COMPANY WEB SITE >
Location Fort Lee, N.J.
Phone 201 944-2200
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat

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Company Snapshot

Empire Resources engages in the purchase, sale, and distribution of aluminum semifinished products in the U.S., Canada, Europe, Australia, and New Zealand. The company's semifinished products include aluminum sheet, plate and foil, rod, bar and wire, extruded and cast products. It serves various industries, including transportation, automobile, housing, appliances, and packaging. The company sells its products through its own sales personnel and independent sales agents. Empire Resources has its headquarters in Fort Lee, N.J.


Data provided by Capital IQ
 
Nathan Kahn

Nathan Kahn, 51

Chief Executive Officer, President and Director


Total Compensation*

$ 778,500

Total Options Value*

$ N/A

* Fiscal Year 2005


Executive Bio

Nathan Kahn has been chief executive, president, and a director of Empire Resources since September, 1999. Prior to the merger, Kahn was president and a director of Empire from the time of its formation in 1984. He serves as a member of the compensation committee. Kahn has also been the president and a director of Empire-Pacific since its formation in 1996.


Management Team

Key Executives

Nathan Kahn; Sandra Kahn; Harvey Wrubel; Peter G. Howard

Board Directors

L. R. Milner; Jack C. Bendheim; Peter G. Howard; Nathan Mazurek; Morris J. Smith; William Spier; Nathan Kahn; Sandra Kahn; Harvey Wrubel


Executive Data provided by Capital IQ