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Skil Corporation
Essay specific features
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Written by:
Robert H
Date added:
June 27, 2016
Level:
University
Grade:
A
No of pages / words:
6 / 1502
Was viewed:
8743 times
Rating of current essay:
Essay content:
It had acquired only financially successful companies. But in 1979, it acquired Skil Corporation, a financially mediocre performing company for $58 million.
Skil was a leading manufacturer of portable power tools serving the professional and consumer markets, the circular saw being the strongest and best seller amongst those tools, which it also invented, and was amongst the top three in power tools market share holdings in U...
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Other power tools that Skil manufactured included mid-priced drills and roto hammers. Skil manufactured multiple different models for different countries, depending upon the local needs of the market. Under increasing competitive pressure, Skil’s financial results had not been stellar, although reported profitability had improved in recent years...
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