PROFILE |
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When it comes to the private-label tools of retailers, what's theirs may be Jore's. Jore makes power tool accessories and hand tools under retailers' private labels and for power tool makers. Designed for do-it-yourselfers and professional craftsmen, products include a quick-change drilling and driving system, a reversible drill and driver, and hand tools such as its Torque Driver. Retailer Sears, Roebuck accounts for 56% of sales. Jore also has a license to sell power tool accessories under the Stanley trademark. Founder Matthew Jore and his family (including brother Michael, Jore's EVP) own about 62% of the troubled company, which has been laying off workers and has filed for Chapter 11 bankruptcy protection.
COMPETITION |
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The Black & Decker Corporation (BDK)
Cooper Industries, Inc. (CBE)
Danaher Corporation (DHR)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 52.80
1-Yr. Sales Growth: (2.0)%
Employees: 378
Revenue per employee: $139,682.54
KEY PEOPLE |
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Gerald J. McConnell
CEO
Mick Quinlivan
CFO
CONTACT INFO |
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45000 Hwy. 93 South
Ronan, MT 59864
US
Phone: 406-676-4900
Fax: 406-676-4901
Online: Web Site
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