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Home > Company Index > Consumer Products-Durables  > Appliances > Sunbeam Corporation

Sunbeam Corporation
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 PROFILE
As any tree can tell you, turning off a "Chainsaw" doesn't undo the damage. Sunbeam, the #1 US maker of small appliances, sells mixers, coffeemakers, grills, smoke detectors, and toasters under brands such as Sunbeam, Mixmaster, Oster, First Alert, and Mr. Coffee. It also owns Coleman, a camping and outdoor equipment maker. As CEO, "Chainsaw Al" Dunlap cut business lines, halved Sunbeam's workforce, and expanded through acquisitions. He was ousted in 1998 when his promised turnaround fell short. Still dealing with the long-term effects of his efforts, Sunbeam is reorganizing under Chapter 11 bankruptcy protection. Investors advised by mutual fund manager Michael Price own 16% of Sunbeam; Ron Perelman owns 13%.

 COMPETITION
Applica Incorporated (APN)
The Holmes Group, Inc. (dossier)
NACCO Industries, Inc. (NC)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 2,398.00
1-Yr. Sales Growth: 30.5%
Employees: 12,200
Revenue per employee: $196,557.38

 KEY PEOPLE
• Jerry W. Levin
    CEO
• Bobby G. Jenkins
    CFO

 CONTACT INFO
2381 Executive Center Dr.
Boca Raton, FL 33431
US
Phone: 561-912-4100
Fax: 561-912-4567
Online: Web Site

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