|

 | HISTORY: |
 |
 | HICKORY Industries Inc. was established in 1946 and since that time has been
manufacturing commercial rotisseries for the industrial market. It has been operating out
of a 46,000 square foot facility in North Bergen, New Jersey since August of 1994. |
 | HICKORY was founded in 1946 by Mr. Martin Kalman and, under his direction, HICKORY
produced products ranging from rotisseries and warmers to stainless steel work tables. |
 | A new corporation was formed in October, 1978 which purchased the assets and the name of
the old corporation. HICKORY Industries was acquired by Steven Maroti, President, and
Aniko Heller, Vice-president and Secretary, and they are the present owners of the
company. |
|
 | MARKETING STRATEGY: |
 |
 | In 1982 HICKORY brought to market its first counter top model, the 5.5. This model won
first prize from Industrial Design Magazine in 1983 as the best designed industrial
product in the United States. Prior to that time, no other commercial food equipment
manufacturer or product, had ever won that prize. The 5.5 was designed to target
convenience stores, small operations and grocery stores that had limited space. The model
5.5 is currently Hickorys number one selling model rotisserie. |
 | In 1983 HICKORY brought to market its model 45WDG. This European styled, open
rotisserie, was designed to be the ultimate merchandiser. Its size, production
capabilities and merchandising flare were the perfect ammunition that HICKORY needed to
target the upscale supermarket, gourmet specialty store and upscale restaurant trade. The
45WDG is available with black anodized frontal panels and is available with stainless
steel or brass angle trim. Recently, Hickory has upgraded this unit with the model 45WDG
Plus, which offers an increased merchandising display area that improves capacity by 50%
and pivoting front doors that allow for much easier material handling. |
 | In 1992 Hickory brought to market its model 7.7, a batch rotisserie with pull out
material handling tables and a rear "show burner" for improved merchandising.
The model 5.7, which is a smaller version of the 7.7, was introduced a year later, it also
has a rear "show burner". Both models are available with programmable controls
as an option. |
 | 1995 was a banner year for design at Hickory. We came to market with the model 1.9
rotisserie, which was a very compact, small footprint unit designed for Convenience
stores, small Deli operations and the smaller supermarket stores, where size restrictions
were a factor. |
 | 1996 saw the advent of the mobile warming unit at Hickory. As a company we believe
strongly that this piece of equipment should not be placed in proximity with the
rotisserie. Thus the consumer is not given the ability to make the comparison between the
product in the warming cabinet and the fresh product from the rotisserie, especially when
there is no difference in price between the two! We suggest that the warmer be placed as
close to the check-out counter as possible; in order to create the opportunity for a final
impulse purchase before that customer leaves the store. Presently, we are producing 10
configurations of display warmers with varying capacities and heights. We produce models
with and without warming towers for added merchandising and display capability, with and
without interior heated cabinets. |
 | 1997 and 1998 were years when the refinement of existing models and their features
became the focus. A pass thru option was created for the 7.7 and 5.5 models. We designed
the 5.5 for shipboard use on cruise lines. The 7E and G models were re-designed with
frontal pivot doors allowing for easier access to loading and unloading product. All
Hickory units have received CE approval for use in the European Community. |
 | HICKORY has targeted its domestic market geographically and by trade class. The
company's sales effort is a combination of direct sales management combined with exclusive
distributors in the Supermarket segment, and exclusive sales reps. in the foodservice
arena. HICKORY has been very successful in obtaining a very prestigious list of customers,
including: Grand Union, A&P, Waldbaums, King Kullen, Shoprite, D'agostinos, Foodtown,
King's, Met Food, Lucky's, Vons, Stop & Shop, Rainbow Foods, Bruno's, Big Y, Kroger,
Dominicks, Boston Chicken, Morrison's, Ralphs, just to name a few. Today,
approximately 80% of the company's sales volume is generated domestically while the
remainder comes from the international market. Distribution to Europe has recently been
reestablished via a vested interest in a distribution facility in Dusseldorf, Germany
which services the European continent. A stronger presence has been established in the
United Kingdom, and most recently we began distribution in Tokyo, Japan, the Philippines
and other Asian markets. |
|
 | PRODUCT: |
 |
 | HICKORY Industries principal products are commercial rotisseries, which are available in
a number of styles, size configurations, capacities, and using both gas and electrical
power. The rotisseries come with accessories such as: basket spits for parts, small roast,
potatoes, sausages, fish etc.; angled spits for cooking items like whole roasted pig or
lamb; spare rib skewers for ribs; spit holders with casters for ease of transferring
product, and many, many more. Hickorys engineering staff can design virtually any
cooking accessory arrangement imaginable. The basic design of a Hickory rotisserie
consists of a galvanized sheet metal body which is strengthened by stainless steel angles
and covered inside and out with high grade stainless steel The units exterior has
decorative stainless sheet metal and is fully insulated. The interior of the rotisserie
cabinet is made with a 304 type stainless steel, which provides the utmost protection
against heat, corrosive chicken fat, carbonization and caustic cleaning agents. |
 | Hickory rotisseries cook product by using either gas or electric energy. Electric units
incorporate calrod heating elements which are turned on individually and glow red hot
emitting infra-red radiation. |
|
 | PRODUCTION: |
 |
 | The North Bergen factory is a fully integrated manufacturing facility with machining,
metal fabrication, electrical shop, gas fabrication, fitting, assembly, testing and
shipping. All fabrications are made to company specifications by company personnel. Very
little of the manufacturing process is done outside. Company personnel then assemble the
parts, install the electrical components and any gas parts to produce the finished
product. The company holds a recognized trademark, "Old HICKORY", which is known
in the food market industry for its quality, durability, and high production capability.
HICKORY is the only manufacturer in the industry that specializes in rotisseries, and is
also the only manufacturer that produces both gas and electric models in a variety of
styles. |
 | As a result, HICKORY is viewed as the expert in the rotisserie field. Hickorys
many "batch" and "vertical" models are by far, the most recognized
rotisserie merchandisers on the market, and are well known for their ability to produce
revenues for the retailer. |
|
 | FUTURE PLANS AND STRATEGIES: |
 |
 | HICKORY is fast becoming recognized by the retail trade as an expert in prepared foods
area also. We recognized that prepared foods need a different approach and to that end
HICKORY has developed the concept of the Visual Demonstration Kitchen. The idea is simply
to cook fresh products in moderate sized quantities directly in front of the consumer.
These systems are designed in concert with input from the retailer. Modularity gives the
system the flexibility to change, knowing that prepared foods are faddish. Visual
Demonstration Kitchen has been received at the recent FMI and NRA as an idea whose time
has come. HICKORY plans to bring to market other products under the Visual Demonstration
Kitchen umbrella which can satisfy the concept of freshness. |
|
 | SUMMARY: |
 |
 | HICKORY Industries is a highly respected company, both in the foodservice and
supermarket industries. HICKORY is fast becoming the leader in the rotisserie market
because of product quality and reputation. The company's growth is expected to be
significant over the next 5 years. |
|

|