OBCI Profile
Ocean
Bio-Chem, Inc., with the ticker symbol OBCI, is a manufacturer and
distributor of maintenance and appearance products for the marine,
automotive, power sports, recreational vehicle, and outdoor power
equipment industries. The company's products include cleaning and
maintenance products, fuel additives, and personal care products.
Here's an extended company report for Ocean Bio-Chem, Inc.:
Ocean Bio-Chem, Inc. was founded in 1973 and is headquartered in Fort
Lauderdale, Florida. The company manufactures and distributes a wide
range of maintenance and appearance products for the marine,
automotive, power sports, recreational vehicle, and outdoor power
equipment industries.
Ocean Bio-Chem's product line includes
cleaning and maintenance products, fuel additives, and personal care
products. The company's Star brite brand is a well-known name in the
marine industry, and its products are sold in over 70 countries
worldwide.
The company's manufacturing facilities are located
in Montgomery, Alabama, and Cincinnati, Ohio. Ocean Bio-Chem has a
distribution network that includes major retailers, distributors, and
e-commerce sites.
As of March 18, 2023, Ocean Bio-Chem, Inc.
had a market capitalization of approximately $60 million. The
company's revenue for the year ended December 31, 2021, was $42.5
million, an increase of 26.4% compared to the previous year.
Ocean Bio-Chem, Inc. operates in a competitive industry and faces
risks associated with changes in demand for its products, changes in
raw material costs, and the potential for increased competition. The
company's future growth will depend on its ability to continue to
innovate and develop new products that meet the changing needs of its
customers.
In conclusion, Ocean Bio-Chem, Inc. is a
manufacturer and distributor of maintenance and appearance products
for the marine, automotive, power sports, recreational vehicle, and
outdoor power equipment industries. The company's products include
cleaning and maintenance products, fuel additives, and personal care
products, and are sold in over 70 countries worldwide. While the
company faces risks associated with operating in a competitive
industry, its revenue growth and established distribution network
demonstrate its potential for continued success in
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