Advertisement
 
YOU ARE HERE: LAT HomeCollectionsEltron International Inc
IN THE NEWS

Eltron International Inc

FEATURED ARTICLES
BUSINESS
October 10, 1995
Eltron International Inc., a Simi Valley maker of label printers, said it has acquired Donner Media Inc., an Appleton, Wis.-based manufacturer of thermal labels, for $1.3 million. Donner's 1995 revenues are expected to be about $2 million. Donner will continue operating under the same name and management. Eltron said although the acquisition is not expected to have a significant impact on earnings, it will allow Eltron to better serve customers in the long run.
ARTICLES BY DATE
BUSINESS
November 3, 1998 | BARBARA MURPHY
Eltron International in Simi Valley reported that sales for the third quarter ended Oct. 3 increased 20% to $30.7 million, up from $25.6 million for the same quarter last year. Net income of $2.7 million or 35 cents per diluted share was lower than the $3.5 million or 44 cents per diluted share reported in the third quarter of 1997. Except for bar code verifiers, sales in the third quarter were up 25% over last year.
Advertisement
BUSINESS
August 23, 1994
Eltron International Inc., a Chatsworth-based maker of bar code label printers, announced it has opened an office in Berkshire, England, to handle European sales, distribution and technical services. The new office will be headed by Hans Styrnell, the company's European sales manager. Eltron makes bar code label printers, software and accessories used in retail, manufacturing and packaging industries.
BUSINESS
March 3, 1998 | BARBARA MURPHY
Eltron International in Simi Valley reported record results for 1997, due principally to increased sales of thermal label printers and plastic card printers to new and existing customers worldwide. However, the company's stock fell sharply after the report was issued because fourth-quarter results were far below analysts' expectations. For the year, revenues increased 19% to a record $105 million from $88.5 million a year earlier, exceeding $100 million for the first time in Eltron's history.
BUSINESS
April 25, 1995
Eltron International Inc., a Chatsworth-based company that makes bar code label printers and related accessories, said its board of directors has approved a two-for-one stock split, and that the company has requested permission from the Securities and Exchange Commission to offer 1.75 million shares of common stock. The stock split, scheduled to take effect on Monday, would boost the number of common stock shares outstanding from 2.87 million currently to 5.74 million.
BUSINESS
December 4, 1997
Simi Valley-based Eltron International Inc. named Roger Hay its chief financial officer, succeeding Daniel Toomey Jr.
BUSINESS
February 15, 1994
Eltron International Inc., a Chatsworth marketer of bar-code label printers and software, said it commenced an initial public offering of 1.1 million shares of common stock, priced at $6 per share. The company said proceeds from the stock offering will be used to buy more manufacturing equipment and repay debt. Eltron's shares, all of which were offered by the company, began Nasdaq trading on Feb. 9.
BUSINESS
December 5, 1995 | JACK SEARLES
Eltron International Inc., a Simi Valley producer of bar-code label printers and related software and accessories, has had its products approved by the standardization organization that represents the European Community and nations worldwide. The products were registered by Underwriters Laboratories Inc. with the International Organization for Standardization.
BUSINESS
April 12, 1994
Eltron International Inc., a Chatsworth maker of bar-code label printers, software and accessories, said it has received a $2.6-million printer order from United Parcel Service. Eltron said the printers would be delivered throughout 1994. The printers are used to improve inventory control, reduce shipping errors and delivery time, and cut costs by automating billing and tracking functions, it said.
BUSINESS
January 20, 1998
A Printronix Inc. unit has acquired certain assets of Eltron International Inc., a Simi Valley manufacturer of thermal label and plastic card printers, for about $2.9 million, the companies announced Monday. Printronix, which manufactures computer printers, purchased Eltron's RJS bar code verification business. Eltron will retain its QualaBar and ThermaBar industrial thermal printer lines, among other assets, the companies said.
BUSINESS
March 3, 1998 | Times staff reports
Simi Valley-based Eltron International, a bar code equipment company, has purchased a new headquarters building in the Flynn Road industrial area of Camarillo, with the goal of doubling its plant capacity. The company paid $7.8 million for the 142,500-square-foot concrete building on 9 acres of land at 1001 Flynn Road, according to Bram White, a broker with Daum Commercial Real Estate Services in Ventura County. Eltron plans to move in during the fourth quarter.
BUSINESS
January 20, 1998
A Printronix Inc. unit has acquired certain assets of Eltron International Inc., a Simi Valley manufacturer of thermal label and plastic card printers, for about $2.9 million, the companies announced Monday. Printronix, which manufactures computer printers, purchased Eltron's RJS bar code verification business. Eltron will retain its QualaBar and ThermaBar industrial thermal printer lines, among other assets, the companies said.
BUSINESS
January 20, 1998 | BARBARA MURPHY
Eltron International in Simi Valley, which designs and manufactures thermal label and plastic card printers, has named Holly Sacks as vice president of marketing. Sacks will oversee the company's worldwide marketing activities for all product lines. She will report to Patrice Foliard, Eltron's senior vice president of sales and marketing.
BUSINESS
December 16, 1997 | BARBARA MURPHY
Eltron International Inc. in Simi Valley, which designs and manufactures thermal label and plastic card printers, has selected Roger Hay as vice president for finance and chief financial officer. Hay succeeds Daniel C. Toomey Jr., who has accepted a position with a local venture capital firm. Hay, 48, is working at the company part time until Jan. 5, when he will begin full-time service.
BUSINESS
December 4, 1997
Simi Valley-based Eltron International Inc. named Roger Hay its chief financial officer, succeeding Daniel Toomey Jr.
BUSINESS
November 11, 1997 | BARBARA MURPHY
Eltron International in Simi Valley, which manufactures thermal label and plastic card printers, said it has received an order valued at more than $10 million to provide its LP 2443 direct thermal label printers to United Parcel Service. The order is part of Eltron's backlog of approximately $20 million. The Eltron printers will be used with the UPS OnLine Professional, UPS OnLine Office and UPS OnLine TeleShip products.
BUSINESS
December 21, 1993
Eltron International Inc. announced plans to sell 1 million common shares for $5 to $6 in the company's initial public stock offering. The Chatsworth-based firm, which manufactures bar code printing products, reported earnings of $600,520 for the 10 months ended Oct. 31, contrasted with a loss of $376,706 for the same period last year. Company officials hope to raise about $4.5 million after expenses from the offering and will use some of it to repay debt.
BUSINESS
March 7, 1995
Eltron International Inc., a Chatsworth maker of bar-code label printers and software, reported that its fourth-quarter profit zoomed to $1.18 million from $347,200 in net income a year earlier. Eltron's sales in the quarter that ended Dec. 31 were $6.16 million, more than double the $2.26 million in sales registered in the fourth quarter of 1993. For the full year, the company had a profit of $2.91 million, up from earnings of $815,400 in 1993. Its annual sales climbed to $17.5 million from $6.
BUSINESS
May 6, 1997
Eltron International posted a $2.6-million profit in its first quarter. The Simi Valley-based company reported a $743,000 loss for the same period in 1996. Last year's loss was partially due to the write-off of technology and other expenses related to the acquisitions of Privilege S.A. and FJS Inc., which totaled $3.2 million, the company said.
BUSINESS
November 22, 1996 | Times Staff and Wire Reports
The stocks of bar code technology companies Zebra Technologies Corp. and Eltron International Inc. fell sharply after they ended merger talks. The companies said the negotiations were halted because they could not agree on who would run the combined company. Shares of both companies were among the biggest decliners on Nasdaq: Simi Valley-based Eltron's shares dropped $5.875 to $32.375, and Zebra's fell $4.50 to $25.50. The companies last month signed a letter of intent to merge in a stock swap.
Los Angeles Times Articles
|