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Home > Company Index > Consumer Products-Durables  > Appliances > The Kirby Company

The Kirby Company
 NEWS FROM THE STANDARD
Biotech: Desperate No More
Jun 27 2001 07:21 AM PDT

 PROFILE
"At no cost to you, I'd like to vacuum and shampoo your carpet." Independent representatives of The Kirby Company have been using that line since the first Kirby vacuum was manufactured in 1918. New Kirby machines (the same model, only updated) have always been sold exclusively door-to-door and usually cost about $1,000 (though the premier G6 sells for twice that), complete with a lifetime warranty. Kirby, named for Jim Kirby, who designed his first vacuum cleaner in 1906, also sells a line of cleaning products. A unit of Warren Buffett's Berkshire Hathaway since 1986, Kirby sells about 500,000 vacuums a year through more than 15,000 independent dealers and distributors in the US and more than 60 other countries.

 COMPETITION
The Black & Decker Corporation (BDK)
AB Electrolux (ELUX)
Maytag Corporation (MYG)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 253.50
1-Yr. Sales Growth: (0.1)%
Employees: 500
Revenue per employee: $507,000.00

 KEY PEOPLE
• Robert McBride
    CEO
• Mike Nichols
    CFO

 CONTACT INFO
1920 W. 114th St.
Cleveland, OH 44102
US
Phone: 216-228-2400
Fax: 216-221-3162
Online: Web Site

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