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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Smith Corona Corporation

Smith Corona Corporation
OTC: SCCO
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 PROFILE
Brushed aside by the burgeoning PC industry, typewriter king Smith Corona has had a hard time tapping its way into the modern electronics market. Following its 1997 emergence from Chapter 11 bankruptcy, it ceased manufacturing typewriter and supply products and began marketing devices made by third parties in North America, Asia, and Europe. Efforts to bank on decades of name recognition to become an international marketer of typewriters, printer cartridges, and telephone headsets proved futile; the company filed for bankruptcy for the second time in May 2000. Ohio-based Pubco Corporation, a manufacturer of label printers and printer supplies, is buying 49% of Smith Corona.

 COMPETITION
NCR Corporation (NCR)
Olivetti S.p.A. (OLVTY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
1999 Sales (mil.): 43.70
1-Yr. Sales Growth: (25.8)%
Employees: 94
Revenue per employee: $464,893.62

 KEY PEOPLE
• Martin D. Wilson
    CEO
• Martin D. Wilson
    CFO

 CONTACT INFO
842 Bennie Rd.
Cortland, NY 13045
US
Phone: 607-753-6011
Fax: 607-758-5707
Online: Web Site

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