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OPERATING COMPANIES:
Eastek International Corporation
Headquartered in the Chicago suburb of Buffalo Grove, with additional facilities in Hong Kong and China, Eastek, a contract manufacturing company, has an active client base of 150 customers and produces electro-mechanical assemblies, printed circuit boards, turnkey products, custom-molded plastics, power transformers and metal stampings. The Buffalo Grove facility provides engineering and customer service as well as serving as a distribution facility for this enterprise, while the offices in Hong Kong serve for planning and procurement. Eastek’s 300,000 square foot manufacturing operation is located in Dong Guan, China.
www.eastek-intl.com
Petersen Brands, LLC
Established in May 2006, Petersen Brands develops, manufactures and sells innovative, unique products that are recognized for their original designs and unparalleled quality. Petersen Brands creates and defines new categories of products for previously un-met industry and consumer demands.
Petersen Brands was named for Allen Petersen, one of Draupnir’s founding partners. The Petersen name brings with it over 80 years of respect and expertise harkening back to the original company, the Petersen Manufacturing Company of DeWitt, NE which later became a part of American Tool Companies. By 2002, ATC was the largest privately-held hand and power tool accessory company in the world.
It is with this industry-respected legacy that Petersen Brands moves forward, seeking brands of incomparable quality and uniqueness in today’s market.
www.petersenbrands.com
The Petersen Brands’ portfolio includes such products as:
Wobble Light™, bright and virtually indestructible, Wobble Light is the only 360-degree self-righting work light that bounces back from any type of abuse. The product is ideal for those seeking to replace tripod mounted work lights that require time-consuming setup and can often flip over and break. With an outlet plug built into its base, the Wobble Light can provide power to tools or other Wobble Lights to illuminate large areas from one power source.
www.wobblelight.com
Wobble Light, Jr.™ shares many of the features and benefits of the larger, commercial Wobble Light™, but is designed for home use and light commercial markets.
www.wobblelight.com
Slide Sledge is an innovative tool that turns dangerous and time-consuming sledgehammer-and-chisel jobs into a one-man operation. The product’s sophisticated, high impact delivery system and interchangeable application-specific tips allow it to be used in a variety of industries including military and industrial heavy equipment maintenance.
www.slidesledge.com
Discovery Toys, Inc.
Discovery Toys, headquartered in Livermore, Calif., is a leading direct sales educational toy company serving the United States and Canada. Discovery Toys sells its 200-strong product line through independent Educational Consultants. The award-winning company has been recognized for more than 30 years as a leading company focused on enhancing the lives of children with developmentally appropriate products that make learning fun. Within the $22.5 billion toy industry, the company’s high-quality, classic and innovative developmental toys are divided into three categories: early years, preschool years and school years, as well as selling family lifestyle products for ages birth through adult. Discovery Toys’ mission is twofold: to offer parents a meaningful career and their children an enriched and educational playtime experience. Discovery Toys is composed of these two parts. The main face of the company is as a direct seller of children’s developmental products, but it is also a career path for women who work as Educational Consultants. Discovery Toy’s West Coast office/warehouse facility of 65-70K square feet currently employs about 30 office staff. The highly efficient automated warehouse facility includes picking, freight optimization, packaging and shipping.
www.discoverytoysinc.com
Hatch Development, LLC
Hatch Development, LLC, an independent operating unit of Draupnir, serves as an incubator, growing new ideas and offering resources for inventors and other creative minds. Working with our companies' talented marketing, sales and customer service teams, Hatch helps turn brand-guiding ideas into high-demand products with an unsurpassed attention to detail, nurturing ideas from drawing board to market.
Draupnir Properties , LLC
Launched in 2006, Draupnir Properties acquires rental and development holdings aimed to create comfortable living environments at competive and affordable prices. While our properties primarily are located in Chicago, acquistions have been made throughout the United States and Mexico. Draupnir Properties' staff has extensive experience in interior design, architecture and real estate.
HotLink, Inc.
HotLink is a leader in the promotional products industry providing process automation software for consolidating expenditures and leveraging enterprise purchasing power. Proprietary, web-based software enables companies to significantly reduce costs and streamline sourcing and distribution practices. HotLink is positioned as the promotional product industry’s leader for meeting buyer needs while focusing on business operations that impact profitability. HotLink’s customers include: Dell, Samsung, Texas Health Resources, and many other Fortune 1000 companies.
www.hotlink.com
STRATEGIC INVESTMENTS – SALES & MARKETING COMPANIES:
AMCON Distributing Co.
AMCON Distributing Co. is primarily engaged in the wholesale, nationwide distribution of consumer products including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products and health and beauty care products. In addition, the Company operates thirteen retail health food stores in Florida and the Midwest. AMCON’s focus is on first-class customer service and quality consumer products.
www.amcon.com
EOS
EOS is a publicly-traded holding company whose subsidiary, Discovery Toys, is a highly-respected leader in the manufacture of superior, innovative, educational toy supported by a large, dedicated in-home sales force.
www.discoverytoysinc.com
STRATEGIC INVESTMENTS – TECHNOLOGY INNOVATIONS:
Neuros Technology International, LLC
Neuros Technology International, LLC is a manufacturer and marketer of embedded, Linux-based open source media centers, recorders and players. They recently launched the award-winning Neuros OSD, a set-top device that records video and makes it easy for consumers to move video and audio content between their PC's, entertainment centers, and portable devices (such as iPods and smartphones).
Neuros first launches its products to its growing community of highly involved open source developers, who then work with the company to relentlessly enhance these products and bring them to the public.
www.neurostechnology.com
NextEngine, Inc.
Next Engine, Inc., based in Santa Monica, CA, develops and manufactures advanced imaging systems. The company’s products employ new technology to automatically generate high-resolution digital models of physical objects which can be viewed on a web browser. This provides a fast, low-cost alternative to travel or shipping when reviewing physical items.
In 2006, NextEngine released a revolutionary desk-top, 3-dimensional scanner which serves to further enhance and augment electronic access to physical objects.
www.nextengine.com
Vital Insight, Inc.
Vital Insight, Inc. was founded by Enterprise Risk Management experts and visionary software architects with a single goal – to maximize investment in Enterprise Risk Management. Its executives have led over 200 risk management, internal and external audit, and project management consulting engagements, including over twenty Sarbanes-Oxley compliance-related projects. Vital Insight’s understanding of the key elements of Enterprise Risk Management, audit and controls, and project management is unmatched in the industry.
Vital Insight’s software architects have built leading edge software solutions to enable process analysis, document retention, policies and procedures development, project management, fraud prevention, and revenue assurance. Vital Insight uses that experience to deliver a compelling and intuitive framework that leverages the business intelligence developed by financial managers and accountants, process designers, risk and compliance professionals, consultants, and auditors to lower compliance costs, reduce financial and operational risk to the organization, and enable high value-added activities beyond compliance and traditional risk management.
www.vital-insight.com
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