Allied Capital Corporation

John Wolz

Allied Capital Corporation
2001 Revenue $310.4 million
2000 Revenue $242.0 million
2001 Closing Price25.52
2000 Closing Price20.87

entered the fastener business by backing a management buyout of industrial distributor Hillman Companies Inc. (formerly SunSource) during 2001.
After selling part of its OEM fastener business in 1999 SunSource acquired the Sharon-Philstone division of Pawtucket Fasteners LP in 2000. Sharon-Philstone distributes fasteners to the retail hardware industry. Sharon-Philstone was then merged with Hillman Group.
Cincinnati, OH-based Hillman distributes fasteners, anchors, letters, numbers, signs, keys, rope, chain, cable accessories and other specialty goods to hardware and home center stores.
Hillman, headed by Maurice Andrien, owns 44% of G-C Sun Holdings, which operates Kar Products, a distributor of MRO supplies, and provides inventory management. About 95% of Hillman�s sales are in North America.
Hillman had $401.3 million in sales in 2001, up 12.7% from the previous year.

Headquarters: 1919 Pennsylvania Ave. NW, Washington, DC 20006-3434. Tel: 202 331-1112 Fax 202 659-2053
Web: alliedcapital.com and sun-source.com
NYSE Symbol: ALD
CEO: William Walton
Investor Relations: Joseph Corvino \�2002 FastenerNews.com