Oakridge Holdings, Inc., together with its subsidiaries, is engaged in cemetery and aviation ground support equipment businesses. Segments Cemeteries This segment, through the company’s wholly owned subsidiaries, Oakridge Cemetery (Hillside), Inc. and Glen Oak Cemetery, Inc., operates two adjacent cemeteries in Hillside, Illinois. Together the cemeteries comprise 176.7 total acres of real estate, of which 12.8 acres are used for interior roads and other improvements. The remaining 163.9 acres contain 137,000 burial plots. In addition to providing interment services, burial plots and crypts, the company sells cremation services and has a chapel in the mausoleum. Cemetery property includes lots, lawn crypts, and family and community mausoleums. Cemetery merchandise includes vaults, monuments, and markers. Cemetery services include burial site openings and closings, and inscriptions. Aviation Ground Support Equipment This segment, through the company’s subsidiary, Stinar Corporation (Stinar), designs, engineers, and manufactures aviation ground support equipment serving the United States Armed Services and businesses in the United States and internationally. Stinar is a manufacturer of ground support equipment for the aviation industry in three principal areas, such as sales of new equipment manufactured for maintaining, servicing, and loading various types of aircraft for both commercial and government aviation companies and airports; sales of parts for equipment sold in the past; and repair of equipment worldwide. These products are sold and marketed through the company’s technically oriented sales staff, as well as through independent distributors and sales representatives. Principal products of Stinar include truck-mounted stairways and push stairs for loading aircraft; lavatory trucks and carts, water trucks, bobtails, and catering trucks for servicing aircraft; cabin cleaning trucks, maintenance hi-lifts, and turbo oilers for maintaining aircraft; and other custom built aviation ground support equipment used by airports, airlines, and the military. Stinar also provides service and repairs on other vendors’ equipment and equipment it has sold. Stinar sells its products to airports, airlines, and government and military customers in the United States. Regulations The company’s cemetery operations must comply with federal legislation, including the laws administrated by the Occupational Safety and Health Administration, the Americans with Disabilities Act, and the Federal Trade Commission regulations. Both segments are subject to the requirements of the federal Occupational Safety and Health Act and comparable state statutes. History Oakridge Holdings, Inc. was founded in 1961. The company was incorporated as a Minnesota corporation in 1961.
oakridge holdings inc (OKRG:OTC US)
400 West Ontario Street
Chicago, IL 60654
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