Industrial Services of
America, Inc. reported financial results for the year ending December 31.
Fiscal 2000 sales totaled a
record $89.2 million, a 15 percent increase over the previous year's $77.5
million. Net income for 2000 was $505,847, 57 percent higher than 1999 earnings
of $321,335.
In the fourth quarter of
2000, total revenue increased 2 percent to $21.6 million. Earnings were
$49,987, compared with a loss of $23,462 during the 1999 fourth quarter.
``We're pleased with the
company's overall performance in fiscal 2000 despite a slowing economy and
depressed commodity prices in the fourth quarter,'' said Harry Kletter, ISA's
chairma. ``Going forward, we plan to continue our efforts to streamline
operations, improve efficiencies with technology and expand our sales and
marketing presence.''
Explore the March 2001 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Steel Dynamics announces operational senior leadership transitions
- BCMRC 2025 session preview: Evolution of battery chemistries
- Emirates Aluminum picks Oklahoma for US facility site
- WM names company president
- Can Manufacturers Institute, Recycling is like Magic release aluminum can recycling contest results
- WasteExpo 2025: EPR implementation requires collaboration, harmonization
- GP to shutter containerboard mill in Georgia
- Vallourec reports slimmer profits in Q1
