Intertape Polymer Group Inc. (ITP)

Intertape Polymer Group, Inc., through its subsidiaries, develops, manufactures, and sells various specialized polyolefin films, paper and film pressure sensitive tapes, and complimentary packaging systems for use in industrial and retail applications. The company operates in two segments Tapes and Films (T&F); and Engineered Coated Products (ECP). The T&F segment manufactures a range of specialized polyolefin plastic and paper based products, as well as complementary packaging systems for use in industrial and retail applications. Its Products include carton sealing tapes, industrial and performance speciality tapes, stretch film, and shrink wrap. This segment sells its products to industrial distributors and retailers. The ECP segment develops and manufactures industrial, consumer packaging, and productive covering products using engineered coated polyolefin paper, and laminate materials. Its products comprise lumber wrap, metal wrap, polyethylene membrane fabrics, cotton bags, and roof underlayment. This segment sells its products to end-users and distributors in various industries, including construction and agriculture. The company was founded in 1981 and is headquartered in Montreal, Canada.

For the nine months ended 30 September 2006, Intertape Polymer Group Inc.'s revenues increased 10% to $639M. Net loss totaled $151.5M vs. an income of $18.1M. Revenues reflects the acquisition of Flexia and an increase in selling prices. Net loss was offset by increased cost of sales, increased selling, general & administrative expenses, higher research & development expenses and increased manufacturing facility closure costs.