Metropolitan Augusta has a huge manufacturing base that provides thousands of jobs in the area. This Augusta Chronicle series offers some information on various manufacturing companies in the area. The information was provided by the companies. Today, we take a snapshot of Greenfield Industries.
Company name in metro Augusta - Greenfield Industries.
Name of plant manager or person in charge locally - Paul W. Jones, president and chief executive officer
Address of local operation - 470 Old Evans Road, Evans 30809.
Phone and fax numbers - Phone: 863-7708; Fax: 854-4086
E-mail or World Wide Web page address - gfii.com
Parent company - It is the parent company, with more than 35 plants in North America, including Augusta, and the United Kingdom. Corporate headquarters: Suite 100, Building 100, 2743 Perimeter Parkway, Augusta 30909
Chief executive officer, president and chairman - Mr. Jones, CEO/president; Donald E. Nickelson, chairman of corporation board
Number of local employees - 500; more than 5,000 worldwide
Products produced locally - drill bits.
Brand names produced locally - 47 brand names including Diston, Sears Craftsman and others
Market for products - consumer and industrial
Functions of local operation(s) such as complete manufacture, assembly, sales, design, shipping, administration - corporate headquarters; industrial products group's headquarters, sales, marketing, research; electronics group's headquarters, technical support.
Stock symbol, exchange traded, recent closing price:GFII, Nasdaq Stock Market, $28 as of July 30
Annual meeting date, time and place:May 6, 1997, in Augusta
Analysts that follow the company or industry, trade magazines, trade associations - Industrial Distribution, Today's Distribution, Cutting Tool Engineering
Recent new products, innovations, markets, plant expansions or other developments - recent merger of Rule Industries and addition of marine products and teeth for construction trenching machines
Primary raw material used - steel, carbide
Most critical factor for the future - continued growth in a mature market.