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Dorel Industries Inc. · Westmount, PQ Canada · (Pink Sheets: DIIB)(Toronto: DII)

Company Description

1255 Greene Ave.,
Ste. 300
Westmount, PQ
H3Z 2-A4
Canada (Map)
Phone: +1-514-934-3034
Fax: +1-514-934-9379
Rankings
  • TSX Smallcap
  • TSX Completion
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Little tykes and bikes are growing businesses for Dorel Industries, a leading juvenile products and bicycle company. Dorel makes items such as strollers, high chairs, and car seats under names such as Cosco and Safety 1st in the US and BeBe Confort in Europe. Dorel also makes ready-to-assemble furniture and other home items, including media centers, office furniture, and futons. The US accounts for more than half of the company's sales, but Dorel also sells its products internationally. Besides babies, Dorel counts cyclists among its customer base and is growing its recreational products business through acquisitions. It owns bike-maker Pacific Cycle, high-end Cannondale, and Iron Horse Bicycles. To read the full description, subscribe now.
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Dorel Industries Inc. Reports

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Key Dorel Industries Inc. Financials

Company TypePublic - Pink Sheets: DIIB - Toronto: DII

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$2,181.9
2008 Employees4,700

Dorel Industries Inc. Executives

32 executives listed for Dorel Industries Inc.'s Westmount, PQ location.
TitleName & BioContact
ChairmanAlain BenedettiEmail
President, CEO, and DirectorMartin SchwartzEmail
President and COO, Juvenile SegmentHani BasileEmail

Competition

Competitive Landscape for Dorel Industries Inc.
The volume of home furniture sold depends heavily on the level of home sales, while office furniture sales depend on the health of the US economy. The profitability of individual companies is closely linked to volume, since many costs are fixed. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a premium price. Imports are a major competitive factor, totaling more than $26 billion a year, and many US manufacturers have factories overseas, where labor and production costs are lower than in the US. Foreign competition and production overcapacity have combined to keep prices low. Additionally, despite automation, the made-to-order nature of much of the business means that the industry is fairly labor-intensive: average annual revenue per worker is around $250,000. To read the full description, subscribe now.
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