Global Fastener News

H. Paulin & Co. Ltd.

John Wolz

2001 Revenue$110.1 million
2000 Revenue $113.6 million
2001 Closing Price17.00
2000 Closing Price15.875

President Richard Paulin rated 2001 �a very satisfactory one,� despite �difficult economic conditions experienced in North America.�
Paulin sales declined 3%, and net income fell 19% to $3.2 million.
But many Paulin customers fared worse, affecting all operating divisions of Paulin. Only the DIY hardware market continued to grow, based on market share and strong housing sales.
Paulin was able to keep its full staff, which �will provide benefits to the company in the future,� Paulin said.
Founded by Harry Paulin in 1920, Paulin manufactures and distributes bolts, nuts, screws, industrial fasteners, fluid system components, metal stampings, automotive parts and screw machine components. Paulin supplies 40,000 standard fasteners and manufactures custom cold headed products, metal stampings, screw machine products, self-locking fasteners and custom parts for the automotive, agricultural, electronic and appliance industries. Paulin also produces stainless and nonferrous fasteners for the marine, pulp and paper, chemical and processing industries.
Trademarks include Paulin, Papco, Easy-Spot, Work Savers, Loxxon, Pie-a-Pae, Uni-Bolt, Uni-Nut, Pro-Tip, Contractor Quality and Dominion.

Headquarters: 55 Milne Ave., Scarborough, Ontario, Canada. Tel: 416 694-3351 Fax 416 694-1869
Toronto Symbol: PAP.A-T
CEO: Arthur Paulin \�2002 FastenerNews.com