text
stringlengths
0
1.02k
| | | | |
| | | | |
| | | | |
Dixon Dixon Dixon Industrial Beijing Dixon Ticonderoga
Ticonderoga, Europe, Ltd. Mexico, S.A. de C.V. Ticonderoga Graphite,
Inc. Canada (Wholly-Owned) (Wholly-Owned) Stationery Inc./Inactive
(Wholly-Owned) Company, Ltd. (Wholly-Owned)
| (Wholly-Owned)
|
|
Grupo Dixon
S.A. de C.V.
and
subsidiaries
(97% Owned)
</TABLE>
INDUSTRY SEGMENTS
-----------------
The Company has two principal continuing business segments: its Consumer
Group and Industrial Group. These segments, and the primary operations of each,
are as follows:
<TABLE>
<CAPTION>
BUSINESS SEGMENTS OPERATIONS
----------------- ----------
<S> <C> <C> <C> <C>
Consumer Group Manufacture and sale of writing and drawing
pencils, pens, artist materials, felt tip markers,
industrial markers, lumber crayons, correction
materials and allied products.
Industrial Group Manufacture and sale to industry of
amorphous graphite, clay and graphite stopper
heads, firebrick, silicon-carbide brick,
non-graphitic refractory kiln furniture and
furnace linings.
</TABLE>
Financial information regarding net revenues, operating profits and
identifiable assets related to the Company's industry segments for the years
ended September 30, 2000, 1999 and 1998, is contained in Note 13 to Consolidated
Financial Statements.
The Company's international operations are subject to certain risks
inherent in carrying on business abroad, including the risk of currency
fluctuations, currency remittance restrictions and unfavorable political
conditions. It is the Company's opinion that there are presently no material
political risks involved in doing business in the foreign countries (i.e.
Mexico, Canada and Europe) in which its operations are being conducted.
<PAGE>
CONSUMER GROUP
- --------------
The Company manufactures its leading brand Ticonderoga(R) and a full line
of pencils in Versailles, Missouri. The Company manufactures and markets
advertising specialty pencils, pens and markers through its promotional products
division. The Company also manufactures and markets Wearever(R) and Dixon(R) pen
writing products as well as Prang(R) and Ticonderoga(R) lines of markers,
mechanical pencils and allied products.
In Sandusky, Ohio, the Company manufactures (mainly for wholesale school
suppliers and retailers) its Prang(R) brand of soy-bean based and wax crayons,
chalks, dry and liquid tempera, water colors and art materials. This division
also manufactures special markers for industrial use, all of which are marketed
and sold together with the products discussed above, by the U.S. Consumer
division.
Under an agreement with Warner Bros. Consumer Products, the Company also
manufactures and markets in the U.S., Canada, and Mexico a complete product line
of pencils, pens, crayons, chalks, markers, paints, art kits and related items
featuring the famous Looney Tunes(R) and Scooby Doo(R) characters. (See Note 14
to Consolidated Financial Statements.)
Dixon Ticonderoga Inc., a wholly-owned subsidiary with a distribution
center in Newmarket, Ontario, and a manufacturing plant in Acton Vale, Quebec,
Canada, is engaged in the sale in Canada of black and color writing and drawing
pencils, pens, lumber crayons, correction materials, erasers, rubber bands and
allied products. It also distributes certain of the school product lines. The
Acton Vale plant also produces eraser products and correction materials for
distribution by the U.S. Consumer group.
Grupo Dixon, S.A. de C.V., a majority-owned subsidiary (97%), is engaged,
through its subsidiaries, in the manufacture and sale in Mexico of black and
color writing and drawing pencils, correction materials, lumber crayons and
allied products. Grupo Dixon also manufactures and sells in Mexico, under its
Vinci(R) brand, certain products of the type manufactured at the Sandusky
facility, as well as marker products and modeling clay.
Dixon Europe, Limited, a wholly-owned subsidiary of the Company, is
engaged in the distribution of many Dixon consumer products in the United
Kingdom and other European countries.
Beijing Dixon Ticonderoga Stationery Company, Ltd., a wholly-owned
subsidiary of the Company, is engaged in the manufacture of wood slats for
pencil manufacturing and the sourcing and distribution of certain consumer
products for international sale by the Company.