Management is targeting the Sporting Equipment division and the replacement parts business of the Outdoor Products division as possible areas for bolt-on acquisitions because they are in fragmented industries that offer consolidation opportunities.

The region's best source for events, arts, culture ... everything. In 1987, although he remained the board's chairperson, Winton Blount decided to decrease the time he spent in managing the day-to-day operations of the company.

While Blount's agribusiness revenues were beginning to rise, management decided to expand its construction operations overseas due to a decline in the U.S. market. All rights reserved.

Blount's Sporting Equipment Group accounted for $147.1 million of sales in 1996, producing operating income of $19.8 million. Please enjoy your free content for the month.

The company was awarded major contracts by the U.S. Air Force to build Bomark and Nike nuclear missile bases in California, Massachusetts, Michigan, and Minnesota. Inman, who was promoted to a corporate level position slightly As a diversified company, Blount also manufactures concrete chain saws and diamond chain, which have revolutionized concrete cutting in the One of their first decisions was to sell the resource recovery operation and not seek any additional contracts in the waste-to-energy business.

shooting sports markets. 48. Having previously been the head of Blount's international construction operations, Winton Blount III seemed a natural choice. In a risky undertaking, for $61 million the company's management also decided to acquire the Washington Steel Company, a manufacturer of specialty steels. Fruechtel has been asked to help with the transition, McInnes

Fred T. Huntington been general manager of the Lewiston operation.

administration, were both at the Lewiston plant Tuesday from said. Finally rid of the lingering effects of a worldwide slowdown in the construction industry, Blount's prospects for the future appeared much brighter. A further acquisition during the same year involved Redex Industries of Elm Creek, Nebraska, another manufacturer of materials handling equipment. John M. Panettiere, a management expert with considerable experience in the auto industry, was appointed president and chief operating officer, and he immediately began to help Winton Blount iron out the company's problems. In early 1994, management decided to sell almost all of its construction business to Montgomery's Caddell Construction Company, headed by one of Blount's former employees. Inman was promoted a year ago to vice president of engineering

It produces lawn mowers through Dixon Industries, Inc.

Located in York, Nebraska, the company manufactured and distributed such items as bucket elevators and belt conveyors used to handle feeds, fertilizers, grains, and various other bulk materials. New to us? Van Sant had helped the company shift its focus to a more diversified mixture of manufacturing equipment and construction operations. ATK already dominated the U.S. military munitions market. Box 22127 (97269-2127) Portland, OR 97222-4679 tel: 503.653.8881 fax: 503.653.4201

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St. James Press, 2003.

A $100 million, 80 megawatts cogeneration project located in Pennsylvania landed in court following a dispute between Blount and Schuykill Energy Resources. You have permission to edit this article.

Joseph Buford Cox founded Oregon Saw Chain Company in 1947. It's back! for its industry-leading innovations. Company President Turns Postmaster in 1968. This move had been anticipated for years by management and led to Blount's listing on the American Stock Exchange in July 1972.

In addition, Blount also bought W&E Environmental Systems, a Swiss-based resources recovery firm specializing in turning garbage into energy. Offices were opened in the Middle East, and within a short period Blount had secured major contracts with Saudi Arabia and Iran. In 2015, Vista Outdoor Inc. spun-off from ATK as a leading provider of outdoor sports and recreation products. Blount is also a leading full-line manufacturer of high-quality attachments and implements, log splitters, and other agriculture-related products, as well as distributor of aftermarket parts. The most important acquisition during this time involved the purchase of J.P. Burroughs & Sons, an agribusiness firm based in Saginaw, Michigan.

Montgomery, Ala.-based company. When Houston asked his brother why he had purchased the tractor's, Winton replied that they were going into the contracting business. Blount International, Inc. is a diversified manufacturing and distributing business. A highly technical project, the contract was for building segments of a wind tunnel for the U.S. Air Force at the Arnold Engineering Development Center, near Tullahoma, Tennessee. The company's three main businesses include outdoor products, industrial and power equipment, and sporting equipment. Darrel F. Inman, a 25-year employee of Blount Inc., will replace Other construction projects in which the company lost control or entered into contract terms that were unfavorable led to declining revenues and profitability. As a leader in innovation and quality, Blount produces saw chains, bars and sprockets that are well respected in the chain saw and forestry industries and outdoor equipment accessories and parts for the garden and landscape industry. The Sporting Equipment Division, which also has operations in The cash flow from the construction project in Saudi Arabia was a boon for the company, as was the performance of Washington Steel and the success of its agribusiness expansion into such countries as Mexico, West Germany, China, Venezuela, Nigeria, and Egypt.

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Additional acquisitions such as the R.S. Darrel F. Inman, a 25-year employee of Blount Inc., will replace Thomas J. Fruechtel as president of the international company's Sporting Equipment Division, which is based in Lewiston.

We have called, by different names, brethren of the same principle.”. Text STOP to stop.

To compensate for the elimination of federal contracts, Blount continued its acquisition program.

This operation of 1,700 employees made small-caliber ammunition and was a leader in the law enforcement market. Winton and Houston's father had died during the war, and along with him the driving force behind the company.

By 1951, the brothers had constructed their first building, followed shortly by a few gymnasiums.

Blount offers these products under the brand names OREGON®, Carlton®, and KOX.

Blount sells its products in more than 110 countries around the world. Nov. 4 Letters to the Editor: Our Readers’ Opinions, News: [email protected]; Subscriptions: [email protected]; Other: [email protected], All Access on your computer, phone & tablet. Taking advice from both Blount management and his brother Houston, Winton decided that the company would not become a conglomerate with operations in a variety of unrelated fields but rather focus solely on the construction and agribusiness industries.

Blount announced agreements to acquire Simmons Outdoor in late 1995, and Frederick Manufacturing and Orbex in late 1996.

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