Franklin Electronic looks at cuts as income tumbles
Article Abstract:
Franklin Electronic Publishers Inc (Burlington, NJ) announced that it is considering cuts in its product line to combat declining income. Franklin's 2nd qtr 1998 earnings were $41,000, down from $1.5 mil in 2nd qtr 1997. Franklin blamed severance payments and a shortfall in investment income for the steep decline. CEO H. Andrew Cross did not specify which of Franklin's over 200 products might be cut, but said the company would seek to concentrate on the most profitable areas. Franklin makes handheld electronic reference books and organizers, including the Bookman electronic book series.
Comment:
Franklin Electronic Publishers Inc (Burlington, NJ) may make cuts in line of reference books and organizers as income declines
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1998
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His plan: produce better forklifts and wheelchairs
Article Abstract:
Later in 1999, Vineland, NJ-based Airtrax Corp. is planning to manufacture and sell forklifts that will create more storage space in a warehouse, and a new type of wheelchair that will enable wheelchair users to do more things. The company is owned by Peter Amico, a former helicopter pilot. The company's "Sidewinder" forklifts are specially designed so that they cut warehouse expenses by enabling somebody to store 20% more equipment and supplies into already existing space. The units are able to move in every direction without turning.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1999
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McGreevey gives schools, labor issues top billing
Article Abstract:
New Jersey Governor McGreevey has called for the creation of a statewide after-school program, including extra paid time off for parents to deal with their children's health and education needs, elimination of tiny school districts, and incentive programs to create jobs. He has proposed creating 'New Jersey After 3,' which would be the first state-sponsored, nonprofit corporation in America to deal with after-school issues.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
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