Riordan Manufacturing’s Accounting and Finance Overview

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Issue:

Miscellaneous

 

Written by:

Cynthia H

 

Date added:

January 28, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

10 / 2562

 

Was viewed:

9643 times

 

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Essay content:

Riordan obtained venture capital, which he used to purchase a fan manufacturing plant in Pontiac, Michigan, and the company name was change to Riordan Manufacturing Incorporate(RMI). The company also expanded into the production of plastic beverage containers in 1993 with the purchase of a plant in Albany, GA...
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The fan portion grew astonishingly well and it was moved to China in 2000. With this move, the Pontiac, MI plant was retooled to make custom plastic components. These components range from common plastic parts to important medical pieces such as medical stems and heart valves. However, they still strive to be a solution provider for its customer and not be a part of their customer’s challenges...
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