Black and Decker
Article Abstract:
Black and Decker ranks first among world power tool producers and is a major brand name world wide. The company is also involved in the computer services industry following the acquisition of Emhart, a conglomerate acquired in 1989. The computer services business will be sold following an agreement in Dec1995, which should help Black and Decker repay debt and boost its profit. The market for commercial tools has been affected by recession in the UK housing market, but domestic consumers are creating stronger demand in this sector.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Tooling up for expansion
Article Abstract:
Fairfield Enterprises is to expand its consumables business and wants to make more earnings-enhancing purchases. Its main business is packaging-machinery distributor Oscar Friedheim, which provides a steady profit stream. The company also has its own in-house consultancy and training division, and a subsidiary making tooling for Oscar Friedheim machines. It purchased Palatine Engraving in September, broadening its customer base.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Tooling up for expansion
Article Abstract:
Polyhedron is a tool maker previously called Record. The company is vertically integrated and produces and retails tools. Polyhedron has acquired a wholesaler called Hamshaw in addition to five acquisitions from May 1995. The company has also invested in production. Polyhedron's profit is forecast at 3.8 million pounds sterling for 1997 by Williams de Broe, and the company's stocks are recommended for investors in Oct 1997.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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