Sentences with phrase «industrial conglomerate»
The phrase "industrial conglomerate" refers to a large company that operates in various industries. It is formed by owning or controlling multiple businesses that may be unrelated to each other. This allows the conglomerate to have diverse operations and investments, reducing risks as well as benefiting from economies of scale. Full definition
It was a bloated industrial conglomerate that was facing extraordinary competition from Asian manufacturers.
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Eaton is a large industrial conglomerate with over $ 20 billion in annual sales and an operating history dating back to 1911.
Representing a Singaporean industrial conglomerate in both a potential ICC arbitration against a Middle Eastern state - owned entity, and in a related UNCITRAL arbitration (to be administered by the HKIAC) against a Chinese sub-contractor arising out of a US$ 1 billion integrated power production and water desalination facility in the Middle East.
Chevron has signed an agreement to sell 4.15 million tonnes of liquefied natural gas from its $ US54 billion Gorgon project on Barrow Island to South Korean - based industrial conglomerate SK LNG Trading.
Below are some highlights from the above linked analysis: Company Description: United Technologies Corp. is an aerospace - industrial conglomerate with a portfolio that includes Pratt & Whitney jet engines, Sikorsky helicopters, Otis elevators, and Carrier air conditioners, among other products.
General Electric nominated top aviation and industrial executives and an accounting expert to its board on Monday, as it seeks to restructure its business and restore investors» confidence in one of the largest U.S. industrial conglomerates.
NEW YORK, April 20 - General Electric Co said on Friday it was still considering a potential breakup of the 126 - year - old industrial conglomerate, but such a move was secondary to running its businesses better.
Siemens AG, the German industrial conglomerate, said on Sept. 22 it would buy U.S. oilfield equipment maker Dresser - Rand Group Inc for $ 7.6 billion in cash.
But only a few weeks later, Lotus's future was thrown into turmoil when the Malaysian Government sold its 42.7 per cent stake in Proton to a large Malaysian industrial conglomerate (DRB - Hicom), which then bought a further seven per cent of Proton's shares on the open market.
Creating a very profitable diversified industrial conglomerate financed by insurance liabilities is a very unique strategy, and one that few would have the capability of replicating.
On Friday, Cramer turned to Honeywell, the massive industrial conglomerate manufacturing aircraft engines, climate control systems, security equipment and other specialty products.
Just take a look at industrial conglomerate 3M's dividend history: It hasn't just paid a dividend for 100 consecutive years, but increased it for 60 straight years!
Former industrial conglomerates are shedding assets due to pressure from both shareholders and activist investors, Melius found.
Trott helped Pritzker sell industrial conglomerate Marmon to Berkshire Hathaway and raise funds for hotel operator Hyatt.
Brazilian brewer Ambev also owns Labatt, Brazilian industrial conglomerate Votorantim Group owns St. Marys Cement and Brazilian steelmaker Gerdau owns mills in Ontario and Manitoba.
[2] Our peer group for GE consists of several other industrial conglomerates: 3M (MMM), Honeywell (HON), Siemens (SIEGY), Textron (TXT), Illinois Tool Works (ITW), United Technologies (UTX), and Emerson Electric (EMR).
COMPANY TO WATCH: FORD OTOSAN / TURKEY By Gordon Platt Ford Otosan, a joint venture between Ford Motor of the US and Koç Group, a leading industrial conglomerate based in Turkey, exports its products to more than 60 countries.
KLX also owns the exclusive right to supply a large catalog of aviation parts made by industrial conglomerate Honeywell International.
Gracer wants people to move away from getting their protein from traditional livestock such as cows, pigs, and chickens because raising livestock has a huge negative impact on the environment, regardless of whether the animals belong to subsistence farmers in developing countries or a Western industrial conglomerate.
Having obtained a degree in engineering from the École des Travaux Publics de Paris, Babeau began his career working as an auditor for international accounting firm Arthur Andersen, before transferring to the energy sector of French investment and industrial conglomerate Bollore Group.
In 1993, the sad remains of Maserati were acquired by Fiat SpA, the Italian industrial conglomerate that owns Fiat, Alfa Romeo, Lancia, and Ferrari.
We launched DTA's Income Builder Portfolio last month by buying a piece of one of the world's largest biotechnology companies, and we followed that with purchases of a blue - chip industrial conglomerate and America's No. 1 tobacco - products seller.
The following chart compares EMR's ROE with that of another famous industrial conglomerate, General Electric (GE).
3M (MMM) is a diversified industrial conglomerate which manufactures over 55,000 products available for sale in over 200 countries.
Like most industrial conglomerates, Eaton's businesses are sensitive to global economic growth, industrial spending, manufacturing activity, commodity prices, and foreign currency exchange rates.
The fund targets companies operating in the fields of diversified financial services, communications equipment, insurance, health care services, software, food products, specialty retail, professional services, internet software & services, air freight & logistics distributors, IT services, automotive retail, healthcare technology, hotels, restaurants & leisure, containers & packaging, capital markets, footwear, aerospace & defense industrial conglomerates and diversified consumer services.
General Electric plans to become a pure play industrial conglomerate.
The award for General Counsel of the Year went to Khalid Khan, chief legal officer at Omani industrial conglomerate The Zubair Corporation.
It's longstanding customer base ranges from large global multinationals to smaller industrial conglomerates, in the power, oil and gas, and industrial sectors.
GreatPoint Energy recently raised $ 425 million in equity from Chinese industrial conglomerate China Wanxiang Holdings.
In 2006, Canica became the largest shareholder of Orkla, a Norway - based industrial conglomerate.
The struggling company seeks to restructure its business and restore investors» confidence in one of the largest U.S. industrial conglomerates.
NEW YORK, April 20 - General Electric Co said on Friday that it is still considering a potential breakup of the 126 - year - old industrial conglomerate, but such a move is secondary to running its businesses better.
The enormous industrial conglomerate has interests in energy, petrochemicals, textiles, natural resources, retail, and, more recently, telecommunications.
Siemens, the German industrial conglomerate, expects more than 50 % of its growth in China to come from the environmental sector.
Leading lawyer Mei Mei Loh, the practice leader, assisted Genting, a Malaysian industrial conglomerate, on a cross-border (Singapore and UK) project finance transaction.
Whether the industrial conglomerate will remain on the upswing under its new boss remains to be seen.
When Bombardier Inc. spun off its recreational products division in 2003, the rationale was to separate the industrial conglomerate's consumer - driven powersports products — Ski - Doos, Sea - Doos and ATVs, as well as Rotax and Evinrude engines — from its larger - scale, institutionally driven manufacturing in aerospace and public transportation (planes and trains).
It was a tough year for Sabancı, whose $ 13 billion - in - revenue financial and industrial conglomerate, Sabancı Holding, posted modest gains in 2014, because of a weakening Eurozone and the Middle East crisis.
An industrial conglomerate is aiming to transform the operations of Indian factories using Internet of Things
The business is one of the industrial conglomerate's oldest and reported $ 4.7 billion in revenue last year.
The division is one of the industrial conglomerate's oldest and reported $ 4.7 billion in revenue last year.
The cuts at the unit of Koch Industries Inc, the industrial conglomerate of billionaire conservatives Charles and David Koch, affected traders and support staff in its United States, Switzerland, United Kingdom and Singapore offices.
The cuts at the unit of Koch Industries Inc, the industrial conglomerate of billionaire conservatives Charles and David Koch, affected traders and support staff in...
The cuts at the unit of Wichita, Kansas - based Koch Industries Inc, the industrial conglomerate owned by billionaires Charles and David Koch, affected...
The cuts at the unit of Wichita, Kansas - based Koch Industries Inc, the industrial conglomerate owned by billionaires Charles and David Koch, affected traders and support staff in its United States, Switzerland, United Kingdom and Singapore offices.