OBCI is a leading manufacturer and distributor of maintenance and appearance products for the marine, automotive, recreational vehicle and home care markets throughout North America. The corporate headquarters is located in Fort Lauderdale, Florida; the company's manufacturing and distribution facility is located in Montgomery, Alabama.
Founded in 1973, the company conducted an IPO in 1981. The corporate name was changed from Star brite to Ocean Bio-Chem, Inc. in 1984, however, the company continues to do business as Star brite. The company's stock is traded on the NASDAQ exchange under the symbol OBCI.
The Company achieved record revenues as it continued to implement a strategic plan of gaining additional market share in the marine sector as well as diversifying into new markets. An important part of this initiative is the introduction of new and improved products.
This past year saw the company presenting a number of innovative and significantly improved products that are being well-received by its core customer base as well as by new customers.