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Imperial Industries, Inc. (the
"Company") is a Delaware corporation,
which through its predecessor corporation has been in
existence since 1968. The Company's executive offices
are located at 3790 Park Central Boulevard North, Pompano Beach, FL 33064 and the telephone number at such offices
is (954) 917-4114.
The Company, through its subsidiaries, is engaged
in the manufacturing and distribution of building materials
to building materials dealers and others located primarily
in Florida, Mississippi, Georgia, and Alabama and to
a lesser extent, other states in the Southeastern part
of the United States as well as foreign countries. The
Company presently has thirteen distribution outlets
through which it markets certain of its manufactured
products and other purchased products directly to developers,
builders, contractors, and sub-contractors.
The Company's business is directly related to the
level of activity in the new and renovation construction
market in the Southeast United States. The Company's
products are used by developers, general contractors
and sub-contractors in the construction or renovation
of residential, multi-family and commercial buildings
and swimming pools.
The Company manufactures product through its wholly
owned subsidiary, Premix-Marbletite Manufacturing
Co., in business over 40 years. The Company distributes products
through its wholly owned subsidiary, Just-Rite Supply,
Inc., which commenced operations January 1, 2000. The manufacturing operations primarily produce
and distribute stucco, roof tile mortar and plaster
products, while the distribution operations expand the
Company's product line by distributing gypsum, roofing
and insulation products, as well as products manufactured
by the Company.
Stucco products are applied as a finishing coat to
exterior surfaces and to swimming pools. Roof tile mortar
is used to adhere cement roof tiles to the roof. Plaster
customarily is used to finish interiors of structures.
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