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STR Holdings, Inc.
10 Water St.
Enfield, CT 06082
Company Web Site
 
Phone: 860-749-8371
 

Think of it as plastic wrap for solar cells. STR Holdings owns Specialized Technology Resources, which manufactures encapsulants: extruded polymer sheet and film used to hold solar modules together and protect the semiconductor circuits from exposure to the elements. The encapsulants are sold on a global basis to solar module manufacturers, including BP Solar, First Solar, and SunPower Corporation. In addition, its quality assurance business provides inspection, testing, and audit services used by consumer products retailers and manufacturers worldwide to ensure their products and facilities meet applicable international standards. STR Holdings filed to go public in 2009.

  


IPO Information
Date Went Public:   Nov 6, 2009
Filing Date:   Oct 7, 2009

Proposed Offer Price:   $11.00 to $13.00
Actual Offer Price:   $10.00
First Day Open:   $10.00
First Day Close:   $13.10

Shares Offered (mil.):   12.30
Offering Amount (mil.):   $123.00
Post-Offering Shares (mil.):   41.35

Underwriters:  
Credit Suisse Securities (USA) LLC; Goldman, Sachs & Co.; Cowen and Company, LLC; Jefferies & Company, Inc.; Lazard Capital Markets LLC; Macquarie Securities (USA) Inc.
Key Numbers
Company Type:  Public

NYSE:  STRI
Fiscal Year-End: December
2008 Sales (mil.): $288.6
1-Year Sales Growth: 65.8%
2008 Net Income (mil.): $28.1
1-Year Net Income Growth: 480.3%
2008 Employees:  2,100
1-Year Employee Growth: 23.5%


Key People

Chairman, President, and CEO
Dennis L. Jilot

EVP and CFO
Barry A. Morris