Charles Plant Goodman Barnes & Kim was created from the merger of three companies ten years ago. Goodman was the king of the toilet industry in Canada; Barnes specialized in sinks; Kim was dominant in the bathtub area. The fastest growing area of the business is sinks, which grew revenue by 20 percent in 2005. Toilets grew W percent that year, whereas bathtubs fell by 5 percent. The company’s strategy had been to maximize annual profits. It is owned by the descendants of the founders, who rely on high annual dividends to support their respective lifestyles.
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Attachments:
Goodman Barn….pdf
Case Study Re….doc