Miller Group: building for the future

Article Abstract:

The British construction company Miller Group is coping with the effects of the recession by applying greater cost-control measures, work force reductions, and the redeployment of its employees to a newly-created urban redevelopment subsidiary called Miller Urban. The depressed state of the construction industry of the UK forced Miller Group's chairman James Miller to carry out a reorganization of the company. A key aspect of the reorganization is the division of its several construction companies into subsidiaries, using services offered (whether building or civil engineering) instead of geography as the basis for division. Miller Group expects to also provide new services involving contract management through joint ventures with other firms. The company maintains community involvement while carrying out projects through coordinated efforts with tenants' associations.

Residential construction, not elsewhere classified, Single-family housing construction, Holding companies, not elsewhere classified, United Kingdom, Construction industry, Cover Story, Housing development, Miller Group Inc. (Schuylkill Haven, Pennsylvania)

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Macdonald Martin: enthusiasts for quality

Article Abstract:

Macdonald Martin, a distiller of Scotch whiskey, has successfully positioned its Glenmorangie brand, a single malt whiskey, toward the luxury end of the market. The firm invested in its distillery in order to double its capacity and implemented a marketing campaign that stressed the quality of the product. Market research indicated a return to respect for hand-crafted, traditional values, which their marketing campaign capitalizes on. Marketing Dir Malcolm Todd states that sales have been good: while people are drinking less alcohol, they are turning toward quality brands. The firm has successfully built up brand equity with Glenmorangie and feels that it can safely expand their line into other premium labels.

Distilled and blended liquors, Alcoholic beverage industry, Scotland, Distilleries, Todd, Malcolm, Macdonald Martin

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The Weir Group: bucking the trend

Article Abstract:

The success of the Weir Group (UK) is expected to continue, despite forecasts of a recession. The organization is involved in many industries, including petroleum, power generation, and marine construction, and this diversity has contributed to its success. The Weir Group experienced a 35% increase in turnover and a 15% increase in pre-tax profits in 1989, and has no net debt and a cash reserve of more than 20 million pounds in 1990. A report by County NatWest WoodMac has indicated that the Weir Group should be able to finance strong organic growth through acquisitions.

Conglomerate corporations, Finance, Reports, Weir Group PLC, County Natwest Woodmac PLC

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