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Able Tool Corporation - Case Study Example
Pages 3 (753 words)
Able tool corporation was founded in 1984.the company located in Cincinnati has come to be one of the best companies in the production and delivery of portable electric and power tools…
Since its incorporation the company’s mission statement is that of a genuine commitment to on-time delivery, quality pricing, excellent service and reliability. The company is dedicated to give its customers the best price and timely delivery. In 1987, the company relocated to Ohio. In 1990, Able Tool Company bought the Gilman Company of Ohio in order to broaden its capabilities. The ability of the firm to serve a wide variety of customers is what has seen this company through this volatile industry and a un- predictable market. The PEPT (Portable Electric Power Tools) Industry that able corporation operates is collectively affected by economic variables like general taxation interest rates as well as inflationary variables. General economic indicators such as interest, foreign exchange and inflation rates have always affected the power tool market since these variables greatly affect disposable income that is a very crucial determining factor for the construction and or renovation of houses or residential estates. ...
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