Master of Science in Finance
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ASSIGNMENT
Flinder Valves and Controls Inc.
Case 43
Student: Nguyen Hoang Ngoc Anh
Professor: Dr. John Heptonstall
Subject: Strategy and Financial
May 2011
NgocAnhNo1
1. Make a brief description of each company and its business activities . Flinder Valves and Control ( FVC) Flinder Valves and Control (FVC), located in Southern California, was come from a small company organized in 1980 for engineering and developmental work on an experimental heat-exchanger product. FVC was organized to acquire the properties, both owned and leased, of the engineering corporation in 1987 and it got the licensed patents after the product was brought to the commercial .Bill Flinder, the president of the predecessor company continues as the president of FVC. Auden Company, a large firm in a related field, was an important foreign distribution channels, about 15% of FVC’s Sales came from Auden. Foreign sales through Auden and directly through FVC’s own staff accounted for 30% .Half foreign sales originated in emerging economics, mainly Brazil, Korea, Mexico. The other half originated in the UK, Italy and Germany. FVC maintained many standard items, nearly 40% of its volume and 50% of its profits were derived from special applications for the defense and aerospace industries. Although competitive erosion in the mid-2000s, better economies conditions in the markets of developed countries and new products , that offered the
company excellent prospects for improved performance . Sales in the first quarter of 2008 grew 23% over the corresponding period in 2007. FVC’s plants, all modern construction, were organized for efficient handling of small production orders. From 2005 to 2007, net additions to property totaled $7,6 million. RSE International Corporation RSE International Corporation was founded by Tom Eliot in 1970. It was firmly rooted as a Russell 1000 company. Eliot persuaded RSE’s