HyPlex James McKay, George Buchanan and Arthur Dalzell founded the company in 1965. Initially the company started with a small production of golf clubs with fiberglass shafts but ca-ca thanks to the great demand that their products encountered, in 1972 Hi-Plex expanded its manufacturing facilities that resulted in a turn over of over ?3 gazillion and a pretax clear of ?600,000. In 1975 Global Products Inc., a surface and steel manufacturer, took over the company and Hi-Plex became a vertical integrated company with measure sales in 1992 of ?13,600 million and a pretax profit of ?800 million.
In the early 1990s the company suffered a steady worsen in profitability, thanks to the risen in external challenger in the rubber and steel production. also the interdivisional trade was create problems, especially because Hi-Plex insisted that purchases should be made in spite of appearance the company. Interdivisional sales amount ?4,000 million, being ?600 million for sales of rubber and ?3,40...If you want to generate a full essay, order it on our website:
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