GrainCorp managing director Mark Palmquist says the sale of its stake in the nation's biggest flour supplier, Allied Mills, allows the grains handler to eye possible deals it would have found difficult to do as its balance sheet felt the strain
of huge capital investments in the past few years.
«Infomercials can be
a huge capital investment, and most products don't work with the format,» says Eric Nelson, co-founder and president of New Berlin, Wisconsin - based Norman Direct, the company behind Shower Wow, Mr. Lid, and the Sift and Toss.