Cumberland Metals Case

As the day-shift supervisor at the ISG Steelton steel plant, you summon the six college students who are working for you this summer, doing whatever you need done (sweeping up, sandblasting the inside of boilers that are down for maintenance, running errands, and so forth). You walk them across the plant to a field where the company stores scrap metal. The area, about the size of a football field, is stacked with organized piles of metal. You explain that everything they see has just been sold. Metal prices, which have been depressed, have finally risen enough that the company can earn a small profit by selling its scrap.

1. Do you think Mercury is an appropriate target for AGI? Why or why not?

John just had recently moved to Illinois and started selling old plows that worked with the soil at his birthplace in Vermont. His business was a success until there was a huge problem with the plows that he sold. “Customers complained that their wood or iron plows proved ineffective in turning the prairie sod, which stuck to the implant's surface.” (Publication: Gale Encyclopedia of U.S. Economic History Document: Steel Plow) This was because the soil had a very thick covering that would clog up the moldboards of the plow if you ever tried to plow it. This made customers angry at John’s service, so he had to fix the plow to be back in business.

Roterra Piling Ltd. is family owned business based in Acheson, Alberta that engineers, manufactures and installs pilings foundation products for construction projects. The company began 10 years ago as a small welding shop that fabricated custom metal project for the oil and gas industry. There was such a large demand for one product that eventually screw piles was all that was being manufactured and installed. Since its beginning the company has grown steadily, doubling revenue each year, and has gone through substantial changes. In 2012, the company had outgrown its current facility and the owners decided to build a brand new office and manufacturing plant. This facility has a large yard for products and materials to be stored, a large manufacturing facility with a machine shop, mechanics bays, and an office with room for over 30 employees. The company has had to adopted strict safety, quality and human resources policies and procedures. The company has grown from a one man welding operation to a very successful piling company with over 100 employees in just over 10 years.

RULE OF LAW: In every other state or jurisdiction, a corporation is considered a foreign

All employees of Robinson’s Excavation are valued members of the organization which is why safety must always come first. The construction industry is traditionally a hazardous work environment, but with vigilance, dedication, and training, the dangers can be significantly reduced. In order to provide the employees of Robinson’s Excavation with a safe work environment, all employees, regardless of status, are required to follow and enforce all safety procedures, which are not all inclusive. Additionally, the following protocol is in compliance with all state and federal OHSA regulations.

Grilling is engraved in American culture as well as a highly seasonal activity. Kingsford Charcoal is in the business of selling charcoal for grills. Even though Kingsford increased its market share in 2000, their forecast indicates they will not reach the initial revenue mark. With the charcoal market’s growth slowing, and the gas grill market gaining market share, Kingsford needs to revise its strategy, and their marketing mix to meet original expectations for itself and Clorox. The following report will identity the issues Kingsford faces in the market place and recommend actions to take to resolve these problems. First we will examine

In a response to the strengths, weaknesses, opportunities and threats to the organization, several alternatives should be considered in strategizing the best way to increase the wealth of the organization.

Curled Metal Inc (CMI) is a company whose strategy evolves selling products that used certain types of metal as a raw material. CMI rapidly grow in the last decade due to Slip-Seal, a product that meet the demanding specification of the automaker imposed by US strict environment legislation. In order to diversify offer from auto industry, CMI’s management decided to examine a new application for curled metal technology.

Based on J.C.Penney’s current situation, and the above issues, we recommend the following strategic models.

Cumberland Metals Industries developed a new type of cushion pad for pile drivers made of curled metal. The 11.5 inch “Cumber-Coil” was tested by two different companies on two different projects and was found to far exceed the performance of the existing market-dominant product, the asbestos pad. The Cumber-Coil weighed half what the asbestos pad did and boasted a 33% faster driving time, 60% reduction in heat generated, and 400% less time wasted changing pads.

industry is large enough for many sellers. CMI’s foray into this industry is new, however; in order to develop clientele, CMI should cultivate several segments (namely, the large engineering contractors, consulting engineers, and independent contractors), in addition to a media blitz

The value of CMI may be evaluated positively but not all share the same estimate of value. At first, customers will be positive because their EVC is $1,904.16. Channel members would also be positive. They can get more margins because CMI pad is much more expensive than asbestos pad. Also architectural/soil consultant can construct fast and easily because CMI pad 's quailty and safety is better. In place of Engineering/construction contractors and independent pile-driving contractors, it will be estimated positively because they want to construct safely and fast. However, Pile-hammer distributing/renting companies make profits from rental fee. So when constructors reduce construction times using CMI Pad, their profits also be removed. So they are going to estimate negatively on CMI pad 's

As Star River is a private company and has not issued stock, we need to make several assumptions when calculating market value of equity and price of equity. Analysis of similar companies reveals that Wintronics, Inc. and STOR-Max Corp. are the most similar firms in the market. To calculate Star River’s market value of equity I used market to book value method. I found M/B for Wintronics to be 4.4 (market price per share/book value per share) and 3.9 for STOR-Max. an average M/B ratio is 4.15, so multiplying Star River’s book value of equity of 47004 by 4.15 I found Star River’s market value of equity to be SGD195,066.6M. Average beta of these two companies is 1.615. The global equity market premium is 6%, and I use 10 year Singapore T-bond yield of 3.6% as my risk free rate.

Cumberland Metal Industries (CMI), which was historically one of the largest manufacturers of curled metal products in the country, has developed a new product. This product is a metal cushion pad which is to be used with large crane-pile driving activities. The cushion is to prevent the shock of the hammer from damaging the pile. CMI’s cushion pad is a “one-of-a-kind” product as there is nothing similar on the market today making comparisons difficult. Upon successful tests conducted alongside Colerick Foundation Company (Colerick), CMI now seeks to launch this new product to the market. Not unlike many other companies that develop new products, CMI is struggling to set a market price to go along with a