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A N N O U N
C E M E N T
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| FLINTLOCK/FAROY | |
| Acquired with Management in October 1998 | |
| BUSINESS | |
| Flintlock is the largest custom and private-label candle manufacturer in the United States with emphasis on high-end decorative accessory and bath markets. Faroy is a premier branded product line that over the last fifty years has developed a strong consumer following and is sold through high-end specialty retailers. | |
| INDUSTRY | |
| The decorative, bath, and home fragrance industry supports upward of $20 billion in annual retail sales. These industries concentrate on a variety of custom, private-label and branded products. Flintlock/Faroy's ability to custom design a high-quality product assortment for specific markets gives a competitive advantage and strong platform for future growth.. | |
| MANAGEMENT | |
| Flintlock's management team is professional, capable and experienced in product development, manufacturing, marketing and sales, with 100 years' combined experience in the custom, private label, and branded product fields. | |
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PRODUCTS |
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Flintlock/Faroy specializes in candles including pillars, tapers, votives, and filled items. Using custom fragrance, custom colors and unique packaging, the company provides proprietary products distinctively different from other candle product in the marketplace. The in-house product development and sourcing team also designs and purchases a wide variety of candle accessories from manufacturers around the world. |
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| OPERATIONS | |
| Flintlock/Faroy manages its operations from a 300,000 square foot facility, housing manufacturing, warehousing, distribution and administration, headquartered in Houston, Texas. | |
| EMPLOYEES | |
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Flintlock/Faroy employs approximately 350 full-time and temporary nonunion employees. |
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| FINANCING | |
| Senior financing provided by First Dominion Capital. |
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Flintlock/Faroy |
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Changing Paradigms, Inc. |
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Fitz And Floyd, Inc. | ||
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