FIN/370
May 14, 2012
Riordan Industries
Riordan Industries is a Fortune 1000 ships company. The company is the industry leader in injection molding custom-built bottles, cooling fans, and precision medical devices such as, heart valves and stents. Riordan Industries shortly has four locations. The kit and caboodle in Albany, Georgia manufactures plastic drinkable containers. The plant in Pontiac, Michigan produces custom plastic parts. The plant in Hangzhou, China produces plastic fans. Research and development is at corporate headquarters in San Jose, California. Even with the existing locations and an lay out of product lines, Riordan Industries wants to grow by expanding operations. on that point are three options for the expansion. The three options are, way out domain through an IPO, acquiring other organization in the same industry, or merging with other organization. Team A will discuss the strengths, weaknesses, opportunities, and threats of each approach.
Strengths going public through IPO
The initial public offering (IPO) could swear out Riordan in getting the capital needed for it to expand (Apollo Group, 2005, 2006, 2012). There are several advantages if Riordan went public.
Riordan could become better known to the public because IPOs bring attention to the company by getting a new group of citizens to look at the company and its products (Apollo Group, 2005, 2006, 2012). This might assist in new gross sales for the company. The initial public offering may bring more value to the organization.
Strengths acquiring another organization
Globally the strength for Riordan is their operations plant in Hangzhou, China. China currently has facilities in Hangzhou Bay, which is sinless for shipping merchandise. Because Riordan began using the container shipping companies in the Hangzhou Bay, such as Container Lines, Riordan has experienced a huge savings in cost (Apollo Group, 2005, 2006, 2012).
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