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

Electronic Computer Manufacturing, Computers & Auxiliary Equip, Abstract, Franklin Electronic Publishers Inc., FEP

---

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.

Surgical Appliance and Supplies Manufacturing, Construction Machinery, Construction Machinery Manufacturing, Wheelchairs, Construction equipment, Airtrax Corp.

---

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.

Administration of Urban Planning and Community and Rural Development, Urban Planning Assistance, Planning, Labor market, City planning, Urban planning, Powers and duties, Company business planning, Education, Urban, Urban education, Labour market, McGreevey, James

Similar abstracts:

• Abstracts: Barnes was in chaos, audit shows. Adding up a move for Barnes. Media chain reaction may bypass the region
• Abstracts: A glassblower's creativity helps company grow. Rising milk prices lift mood on dairy farms. Overtime rules' effect is limited in Pa., N.J
• Abstracts: Casino strike looms amid talks. A contract agreement and jubilation in A.C. Fish tossers hooked on workplace
• Abstracts: Pilgrim Baxter loses 40% of its assets. Chapter 11 ends for Dow Corning. Bad formula for chemicals
• Abstracts: Need a job? Computer will see you now. 5 Wall Street firms to pay $242 million: The NYSE trading specialists were accused of putting their orders ahead of clients', denying them fair deals

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.