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The group's principal activity is to operate through its subsidiaries; Florida pneumatic manufacturing corporation, green manufacturing, inc. and embassy industries, inc. florida pneumatic imports, manufactures and sells pneumatic hand tools and compressor air filters for the industrial and retail markets. green manufacturing, inc. manufactures, develops and sells heavy-duty welded custom designed hydraulic cylinders, line of access equipment for the petro-chemical industry and line of post hole digging equipment for the agricultural industry. embassy industries inc. manufactures and sells baseboard heating products, radiant heating systems and a line of door and window hardware items. the major customers are distributors, retailers and private label customers. on 03-may-2002, it acquired nationwide industries inc. pneumatic tools accounted for 58% of 2001 revenues; Hydraulic cylinders, 21%; Heating equipment, 14% and hardware, 7%. |