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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 2969 |
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This facility was anything but modern, but was 12,000 square feet of potential. Over the next 5 years production and sales increased. In 1922 the company formed its first foreign subsidiary in Canada, and with it, its first wholly owned foreign assembly operations and sales. By 1925 international expansion continued, with the UK subsidiary...
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By 1925 international expansion continued, with the UK subsidiary.
In 1928, the acquisitions began with the purchase of Van Dorn Electric Tool Company of Cleveland, Ohio. This allowed BDK to enter the industrial power tools market. After this several additional acquisitions and subsidiary formations continued, until 1941 when war broke out...
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The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
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