Annual Report 01 - DH Pace Company

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E.E. NEWCOMER ENTERPRISES, INC.1142 Clay • North Kansas City, Missouri 64116 • (816) 221-0543 • FAX: (816) 480-2625To our valued customers, we thank you for your business this past year and we pledgeto do everything we can to earn the right to receive your business in the year ahead.To our valued employees, we thank you for caring about each other and for caringabout how we meet the needs of our customers each hour of every day. Your commitmentto excellence is foundational to the continued success of our family of companies.Authors Dave Marcum, Steve Smith and Mahan Khalsa state in their bookBusiness Think, “The world is more innovative than ever. Technology that oncerequired mammoth-size hardware now fits in the palm of your hand. Diseases thoughtto be incurable are now on their way to being wiped out thanks to revolutionary biotechresearch. Imagination, ideas and discoveries continue to flood the planet inremarkable ways and unbelievable speed.“With great hope and expectations, inventors and entrepreneurs all over the worldbreath life into ingenious ideas and pioneer new businesses every day. Companiesare driven by the minute to break new ground with products and services that will givethem a competitive edge.“Although we have grown accustomed to it, we are witnessing one of the greatestinnovation explosions in history. Globally, every 60 minutes, 101 new patents areapplied for and 2,265 new businesses are started every day. By the end of each day,over 2,131 businesses will file for bankruptcy or will have ceased operations. Thegigantic chasm between ideas and results must be closed by each company and individual.Companies don’t get free rides. We all live and die by what we produce andhow well we deliver our products and/or service to our customers.”Change will be fundamental to those companies that survive and prosper in the21st century. Over the past 24 years, there has been substantial change in thebreadth of products and services offered by our family of companies and the way wedeliver those products and services to our more than 150,000 customers.Our organization is blessed with a great many employees who focus on being thebest they can be, at what they do each day, as we strive to exceed customer expectationswith every customer we serve. We are confident these talented and committedemployees can compete with anyone in the 21st century. We believe “the best is yetto come” for our family of companies.May God bless each and every one of you and your loved ones.E.E. Newcomer • CEO Rex E. Newcomer • COOChairman of the Board PresidentE.E. Newcomer Enterprises, Inc. E.E. Newcomer Enterprises, Inc.2
E.E. NewcomerEnterprises, Inc.Board ofDirectorsEdward E. NewcomerChairmanE.E. Newcomer Enterprises, Inc.1142 Clay • P.O. Box 12517North Kansas City, MO 64116Robert L. HamannVice ChairmanE.E. Newcomer Enterprises, Inc.1142 Clay • P.O. Box 12517North Kansas City, MO 64116Rex E. NewcomerPresidentE.E. Newcomer Enterprises, Inc.1142 Clay • P.O. Box 12517North Kansas City, MO 64116Brian C. GillespieExecutive Vice PresidentE.E. Newcomer Enterprises, Inc.1142 Clay • P.O. Box 12517North Kansas City, MO 64116N. Nelson NewcomerVice PresidentE.E. Newcomer Enterprises, Inc.1142 Clay • P.O. Box 12517North Kansas City, MO 64116David BywatersPresident / TreasurerLawrence-Leiter & Company4400 Shawnee Mission ParkwaySuite #204Shawnee Mission, KS 66205Paul J. FisselVice PresidentFifth Third Bankof Northeastern Ohio1404 East 9th StreetCleveland, OH 44114Robert C. NewcomerAttorneyPaul, Hastings, Janofsky& Walker, LLP600 Peachtree Street N.E.Suite #2400Atlanta, GA 30308Consolidated Sales for 2001$85,250,728Growth and changein our mix ofbusiness over 24years forE.E. NewcomerEnterprises, Inc.and it subsidiaries.Actual for Fiscal 1977Residential NewConstruction $3,018,30238%Actual for Fiscal 2001New ConstructionCommercial/Residential$42,589,31050% CommercialAftermarket$22,825,51226.75%Total Sales $85,250,728E.E. Newcomer Enterprises, Inc.subsidiaries include:• D.H. Pace Overhead Door Group• D.H. Pace Architectural Doors & Hardware• D.H. Pace Construction Services• E.E.N. Advertising & MarketingService - RepairResidential/Commercial$1,825,29223%Commercial NewConstruction $2,996,87439%Total Sales $7,840,468ResidentialAftermarket$19,835,90623.25%3
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Annual Report 01 - DH Pace Company

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