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Last Update

2015-01-27T00:00:00.000Z

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Background Information

Employment History

Chairman and Chief Executive Officer
Packaged Ice Inc.

Chief Executive Officer and President
Packaged Ice Inc.

Chairman and Chief Executive Officer
ICE , INC

Affiliations

Founder
Packaged Ice Inc.

Web References (15 Total References)


Speakers: Past, Present, and Future

www.heforum.org [cached]

James Stuart, founder of Packaged Ice, spoke on Friday January 26th for our first meeting of this year.

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James developed the ICE FactoryTM which is a self contained automated system that maufactures, stores, and merchandizes ice at the point of sale. ICY made and sold the equivalent of 450 million seven pound bags of ice in 1999. They have been in an active acquisition mode in the last several years, having acquired some 23 companies in 1999. The ice business is a fragmented industry.
View Details for James Stuart


Headlines/Breaking News from Houston Business Journal - bizjournals.com

houston.bizjournals.com [cached]

Chairman and CEO James F. Stuart says the acquisitions will increase the company's market share, in addition to allowing expansion of the patented technology called The Ice Factory.

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James Stuart, CEO and president of Packaged Ice Inc., is quickly turning his hometown into the country's ice capital.


All-Tech Direct, Inc. Attain direct market access plus freedom now.

www.attain.com [cached]

Our fourth quarter 2000 revenues from our primary markets were below our earlier expectations principally due_to unusually severe weather in November and December , stated James F. Stuart , Packaged Ice Chairman and CEO.Despite the negative impact of the coldest November and December on record , we achieved numerous successes during this period , including the placement of 77 Ice Factories.A majority of these units were installed in California , which put us ahead of schedule in that market and brought our total California customer base to over 1 , 000 Supermarkets.Also stimulating traditional customer growth was the opening of our new 75-ton facility in Santa_Maria , California.Due_to our continued emphasis on improving operating performance we maintained our operating expenses at 21.3 percent of sales during the quarter , up only 20 basis points from last year's period.Contributing to this was the consolidation of facilities in Nashville , Phoenix and Southern Florida..

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After growing rapidly from 1997 through 1999 , we have shifted our growth strategy to focus on maximizing operating efficiencies , capitalizing on our relationships with large national accounts , developing new accounts nationwide and expanding into new markets through the placement of Ice Factories , continued Stuart.One of our primary objectives for 2001 and beyond will be to improve our balance sheet by reducing our 2001 capital expenditure budget and concentrating on those projects with only the highest return on investment , reducing debt and increasing free cash flow through the strategic use of operating leases.Through these efforts , we anticipate reducing our debt by $ 15 to $ 20 million during 2001 which would give us a ratio of debt to EBITDA in the range of 5.1 to 5.6 to 1 , down from over 5.8 to 1 at 2000 year- end..
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Contacts : James F. Stuart , Chairman & CEO
Packaged Ice , Inc
713-464-9384
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/CONTACT : James F. Stuart , Chairman & CEO of Packaged Ice , Inc. ,


Nasdaq-Amex IPOs 05/01/00 through 05/05/00

www.nasdaqnews.com [cached]

James F. Stuart(713) 464-9384


Details

www.heforum.org [cached]

James Stuart

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James Stuart, founder of Packaged Ice, spoke on Friday January 26th for our first meeting of this year. Packaged Ice (ICY) was started in 1990 in an industry that had not seen any technological development in 40 years. James developed the ICE FactoryTM which is a self contained automated system that maufactures, stores, and merchandizes ice at the point of sale.

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