Armstrong World Industries, Inc is an international leader in the design and manufacture of floors and ceilings. It is the world’s largest producer of acoustical ceilings. Its customers range from large-scale distributors and big subcontractors.
Armstrong world industries have two different product lines, which include flooring products and ceiling products. In the line of flooring products, there exists various floor coverings and they include hardwood floors made from different wood species like classic oak to exotic tropical hardwoods. They include hardwood floorings, laminate, vinyl sheet, vinyl tiles, and a collection of luxurious vinyl flooring sets, which has a variety of tiles that have stone, slate and wood appearance.
Main elements of the Armstrong World industries Inc. brand include Armstrong, Bruce, Homer wood and T. Morton & Co. Services offered by the Armstrong World Industries include Armstrong Flooring, Vinyl Flooring, Linoleum, Armstrong Ceiling Tiles, Armstrong Ceilings, Drop Ceiling Tiles, Commercial Ceilings, Acoustical Ceilings, Ceiling Systems, Commercial Fl...
National Bank of Canada ("NBC" or "the Bank") is tasked with the decision to review Dawson Lumber Company Limited's ("Dawson") request for an increase in its line of credit up to the amount of $10.8mm. Dawson intends to finance inventory and receivables with the line of credit. NBC must remain cognizant of the competitive landscape of the lumber industry and assess whether a focus on the retail segment is beneficial to Dawson's strategic plan. Given that Dawson is one of the region's largest borrowers, NBC must be careful in how it manages this relationship. The Bank cannot afford to turn away NBC's business. However, extending Dawson additional credit may increase Dawson's default risk and jeopardize the potential for NBC to retrieve the $4.2mm term loan it is already owed.
Lowe’s is a large chain of home improvement outlets with more than 1840 stores in North America. Their corporate slogan is ‘Never Stop Improving’
Phillippi, J. (2014, May 20). President of Rough and Ready Lumber Co. (S. Panacy, Interviewer)
The Sherwin Williams Company is an American Fortune 500 company who business dealings involve the manufacture, distribution, and sale of coatings to professional, industrial, and commercial and retail customers around the world. The company was founded in 1866 by Henry Sherwin and Edward Williams with the buying of a stake in the company called Truman Dunham & Co which sold different painter’s pigments, linseed oil, colors, brushes and other assortment of paint products. With its headquarters in Cleveland, Ohio their services are worldwide in which the company operates through four segments: Paint Stores, Group, Consumer Group, Latin America Coatings Group, and Global Finishes Group. The Paint Stores operation was the first segment of the company to be established, in 1866. The company is in the industry of general building materials and also has invested in capital expenditures to increase manufacturing capacity, enhancing its productivity of its existing facilities and expanding its store network. Sherwin Williams has had continuous growth as they have completed four acquisitions in India, Uruguay, and Mexico. The company employs over 37,000 people and has had over 10 billion in revenue. As recently as 2007, Sherwin Williams bought Columbia Paint & Coatings which in turn in 2012 they began the process of purchasing Come Group who are privately owned and are the 4th largest paint manufacturer in North America. The Paint Stores Segment has over 3,500 individual stores and the number is steadily growing whereas the Consumer segment has dealings with the developmental process of certain products related to the Paint Stores Segment. While they are devoted to the consumer they are also continuously trying to further progress their bra...
Kmart was formed in the late 1950's to challenge new forms of discount stores. They are a descendant of an organization Sebastian S. Kresge. The average Kmart store is around 100,000 square feet. In 1987 Kmart was the largest discount retailer in the United States. They currently have 2,223 stores and last year they had over $25 billion in sales which is nearly double that of Wal-Mart. In 1991 they opened their Kmart superstores. The superstore is a 150,000 square feet and is expected to gross $40 to $50 million dollars in revenues. It will also remain open 24 hours a day.
Aloe Tile Works, the same company that created the South Texas Music Walk of Fame,
Henry Ford and his engineers designed several automobiles, each one designated by a letter of the alphabet: these included the small, four cylinder Model N (which sold for $500), and the more luxurious six-cylinder Model K (which sold poorly for $2500). In October 1908, ...
The automobile industry began with Henry Ford’s production of the Model T in the early 1900’s. With the creation of the assembly line, cars became cheaper and quicker to produce, thus making them affordable for many people. There were originally 500 auto manufacturers. By 1908, there were only 200; and in 1917 only 23 remained. This vast reduction was due to large amounts of consolidation within the industry.
Today's automotive industry in very competitive. Ford has had to find ways to keep ahead of the following major companies: BANC ONE, Bank America, BMW, Budget Group, Chrysler, Daimler-Benz, Enterprise Rent-a-Car, General Motors, Honda, Hyundai, Isuzu, Mack Trucks, Mitsubishi, Nissan, Peugeot, Saab, Suzuki, Toyota, Volkswagen and many others. Ford has developed a number...
bills when they are due and to take care of unexpected needs for cash, while
This paper takes a look into the organization of W.L. Gore & Associates by examining their unique corporate culture, their associates and teamwork, and their compensation program; as well as determining whether or not I would like to work at W. L. Gore & Associates (Module 5 Lecture Pages, n.d.). I will answer four questions that pertain to the areas above, as I discuss the interesting and unique organization of W.L. Gore & Associates.
Frank Mars founded the third largest private company in the U.S in 1882. Mars incorporated has been voted 76th in top 100 best companies to work for in 2014. With global revenue of 33 billion in 2012 the company has established itself as one of the most successful family owned businesses of history. The previous year they were ranked 95th which indicates a steady climb up the rankings. The company originally specialized in making quality chocolate products; they have steadily evolved into a few specific different avenues. They currently produce 7 out of the top twenty chocolate snacks, their products are sold in more than 180 countries around the world and they make global annual sales of $80 billion. However as the company evolved they expanded their business to start making pet care, chewing gum products, confectionary, and food and drink products. The company says it does 200 million consumer transactions a day despite that extreme reach across the globe it is also one of the most company in the world. The owners are three multibillionaires who are all reportedly in the top 20 of richest of Americans. Mars is one of the premium companies to work for because of a number of factors. Their employee treatment is well known to be one of the most effective on the planet. This along with a multitude of effective leadership creates a wonderful work experience for all employees (Kaplan, 2013).
Signode Industries Inc. - Providing Packaging Solutions Executive Summary SIGNODE INDUSTRY: DILEMMA AT HAND: Mr. Gary Reed, President of Signode Industries packaging division, is in a dilemma as what he should be his course of action to meet the 6.8% increase in price of cold rolled steel- the raw material used in manufacture of Signode’s primary product, steel strapping. There are few options given in the case: Increase Signode’s strapping prices to offset the increased price of cold – rolled steel. Maintain Signode’s current book prices as increasing prices would affect sales force morale. Introduce price-flex model as proposed by Jack Davis i.e. a kind of selective discounting or premium charging for customized services. Recommendations Reason: (All data in accordance to 1983) In accordance to Exhibit 1: Sales of Packaging Division of the company = $285,950 In accordance to Table A: Sales of Apex = 33.3% of $285,950 Sales of BBM = 26.8% of $285,950 Sales of HDM = 33.4% of $285,950 Sales of Customized Products = 6.5% of $285,950 In accordance to Exhibit 4: Similarly, For Apex: As it has a capacity utilization of 71% now, Suppose a sale is $100. Then contribution is $39.15 Therefore variable cost is $60.85. Now if we increase the capacity utilization to 100%, Sales becomes $ 141 since production increases by [(100-71)/71] * 100 = 41% Variable Cost = 141% of 60.85 = $85.8 Fixed Cost = 69.38% * 12.3 = $8.53 Total Cost = 85.8+8.53 = $94.33 EBIT = Sales – Variable cost – Fixed Cost = $46.67 % of EBIT = [(46.67/141) * 100] = 33.09% Suppose the company sales 100x units, the total cost was 69.38. Thus per unit cost was .6938. Now the company sells 141x units, the total cost...
Ashley Furniture is the largest furniture manufacturer in the world. Once the CEO, Todd Wanek, informed himself of the benefits of sustainability in furniture design, he chose to alter their manufacturing process by using engineered wood opposed to lumber. For over 60 years Ashley Furniture has specialized in furniture design which has won them the title of "World-Class Furniture Manufacturer". With all of the innovation and experience in the furniture industry, they have come to be known as the "largest manufacturer of quality home furnishings". Ashley strives to achieve the best quality possible for their furniture and they are also continuously looking for ways to refine their products. After rea...
The Custom Woodworking Company (CWC) was founded in 1954 by Ron “Woody” Carpenter. Woody, after an apprenticeship as a cabinet maker, started his own small woodworking business, specializing in furniture manufacturing. Due to the high quality of the craftsmanship, CWC gained a reputation for their high quality and attractively designed furniture. Since that time, CWC has grown in to a successful mid-size organization, providing several lines of furniture to wholesalers and retail centers, as well as producing and supplying cabinets for residential construction contractors.