| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Specialty Products & Insulation Co. |
| 120 North Shippen Street, Lancaster, PA 17602 * (717) 397-3382 |
| The company is a leading national distributor and fabricator of mechanical insulation, architectural/acoustical products and specialty products to commercial and industrial markets. |
| Manager | Tier | Phone |
| Legg Mason Wood Walker, Inc. | Lead Manager | (410) 539-4038 |
| Advest, Inc. | Co-manager | (860) 509-2177 |
| NASNTL: | SPIE | Wholesale: | SIC 5033 | |
| Type of Shares: | Common Shares | Filing Date: | 4/10/98 | |
| U.S. Shares Filed: | 2,000,000 | Filing Range: | $10.00 - $12.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $22,000,000 | |
| Primary Shares: | 2,000,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | 4,913,547 | |
| Employees: | 523 |
| Issuer's Law Firm: | Dechert Price & Rhoads |
| Bank's Law Firm: | Stradley Ronen Stevens & Young |
| Registrar/Transfer Agent: | ChaseMellon Shareholder Services, L.L.C. |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 12/31/97 | ||||
| Revenue: | $158.51 | Assets: | $47.65 | ||
| Net Income: | $3.01 | Curr Assets: | $44.92 | ||
| EPS: | $1.03 | Liabilities: | $38.47 | ||
| Prior EPS: | $0.92 | Curr Liab: | $33.65 | ||
| Cash Flow/Oper: | $1.15 | Equity: | $9.18 | ||
| Cash Flow/Fin: | $3.16 | Cash: | $0.34 | ||
| Cash Flow/Inv: | -$4.04 | Working Cap: | $11.27 | ||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for debt repayment, working capital and for general corporate purposes. |