2020
Bisco Industries reported revenues, including fasteners, increased 9.2% to $112.9 million in the first six months of fiscal 2020, which ended February 29.  The revenue gains were due to increased unit sales, as well as a higher volume of product sales. 

Six-month gross margins grew 10.7% to $31.7 million, while net income rose 16.2% to $4.5 million.

2019
Bisco Industries reported revenues, including fasteners, increased 14.5% to $221.2 million in fiscal 2019. Gross profit grew 11.3% to $61.2 million, with gross margin falling to 27.7%.

Full-year net income rose 36% to $9.3 million.

In early 2020, Bisco relocated its corporate headquarters and Anaheim distribution center to a new 80,000 sq ft facility in Anaheim. 

Bisco has 489 full-time employees, including 311 in sales / marketing and 178 in management, administration and finance.

2018
Bisco Industries reported revenues, including fasteners, increased 23.1% to $193.2 million in fiscal 2018. Gross profit grew 23% to $55 million, with gross margin flat at 28.5%.

Full-year net income rose 71% to $6.95 million.

Capital expenditures were $12.93 million.

In May 2017, Bisco paid $7.2 million to purchased the building that houses the company’s corporate headquarters and distribution center in Anaheim, CA, from the Glen F. Ceiley and Barbara A. Ceiley Revocable Trust, which is the grantor trust of CEO Glen Ceiley.

In the next year, Bisco plans to relocate its corporate headquarters and Anaheim distribution center to a new 80,000 sq ft facility in Anaheim that is owned by the Trust. 

Bisco has 464 full-time employees, including 270 in sales and marketing, and 137 in management, administration and finance.

2017
Bisco Industries reported revenues, including fasteners, increased 5.7% % to $157 million in fiscal 2017. Gross profit grew 2.8% to $44.8 million, with gross margin contracting to 28.5%.

Full-year net income edged down to $4.05 million.

Capital expenditures during 2017 rose to $12.93 million.

In May 2017, Bisco paid $7.2 million to purchased the building that houses the company’s corporate headquarters and distribution center in Anaheim, CA, from the Glen F. Ceiley and Barbara A. Ceiley Revocable Trust (Trust), which is the grantor trust of CEO Glen Ceiley.

Within the next two years, Bisco plans to relocate its corporate headquarters and Anaheim distribution center to a new 80,000 sq ft facility in Anaheim that is owned by the Trust. 

Bisco has more than 407 full-time employees, including 270 in sales and marketing, and 137 in management, administration and finance.

Bisco Industries reported revenue, including fasteners, grew 1% to $40.3 million in the third quarter of fiscal 2017, which ended May 31. Operating income fell 23% to $1.9 million, with net income declining 21% to $1.3 million and gross margin was down 1.8% to $11.5 million.

Revenue during the first nine months of fiscal 2017 increased 5.5% to $114.8 million. Operating income dropped 0.3% to $4.3 million, while net income fell 5.7% to $2.9 million and gross margin improved 2.6% to $32.6 million.

Net sales to customers outside the U.S. comprised approximately 9% of total sales for the nine months ended May 31, 2017.


2016
Bisco Industries reported revenues, including fasteners, rose 6% to $148.5 million in fiscal 2016. Gross profit grew 6% to $43.6 million, with gross margin flat at 29.3%.

Full-year net income increased 9.5% to $4.1 million.

Capital expenditures declined in 2016, falling 22% to $403 million.

Bisco Industries opened three new sales facilities in fiscal 2016. Bisco opened its 46th local office in Dania Beach, FL. The location serves customers throughout South Florida, including the greater Miami area. 

In August 2015, Bisco’s third Canadian facility and 47th location overall. Bisco’s British Columbia facility is located in Richmond, BC, and serves customers in Western Canada. 

Also in August, Bisco opened a new facility in South Carolina. Bisco’s South Carolina location is the company’s 48th facility and is located in North Charleston.


2015
Bisco Industries reported revenues, including fasteners, rose 4.1% to $140.2 million in 2015. Gross profit gained 11% to $41.1 million, with gross margin rising to 29.3%.

Full-year net income dropped to $3.74 million.

Bisco Industries opened three new sales facilities in 2015, marking the fifth consecutive year that Bisco opened at least one new facility.

In March of 2015, Bisco opened its 46th local office in Dania Beach, FL. The location serves customers throughout South Florida, including the greater Miami area.

August 2015 marked the grand opening of Bisco’s third Canadian facility and 47th location overall. Bisco’s British Columbia facility is located in Richmond, BC, and serves customers in Western Canada.

Also in August, Bisco opened a new facility in South Carolina. Bisco’s South Carolina location is the company’s 48th facility and is located in North Charleston.

Anaheim, CA-based Bisco is a distributor of electronic components and fasteners with 48 sales offices and seven distribution centers located throughout the U.S. and Canada. Bisco supplies parts to OEMs in the aerospace, circuit board, communication, computer, fabrication, instrumentation, industrial equipment and marine industries.

The National-Precision division sells electronic hardware and commercial fasteners to OEMs in the aerospace, fabrication and industrial equipment industries.

The Fast-Cor division sources components and fasteners. Fast-Cor sells to other distributors, not manufacturers. Bisco sells its products primarily in the U.S. and Canada. Bisco’s international sales represented 8.6% and 7% of its sales fiscal years ended August 31, 2015 and 2014, respectively.


COMPANY INFO
Anaheim, CA-based Bisco is a distributor of electronic components and fasteners with 48 sales offices and seven distribution centers located throughout the U.S. and Canada. Bisco supplies parts to OEMs in the aerospace, circuit board, communication, computer, fabrication, instrumentation, industrial equipment and marine industries.

The National-Precision division sells electronic hardware and commercial fasteners to OEMs in the aerospace, fabrication and industrial equipment industries.

The Fast-Cor division sources components and fasteners. Fast-Cor sells to other distributors, not manufacturers.

Corporate Office: 1500 Lakeview Avenue Anaheim, CA 92807.
Tel: 513-851-4900
Web: biscoind.com
CEO: Glen F. Ceiley
Employees: 489