Corporate Profile for U.S. Industries, dated March 27, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the content that is available in the leading information services See Information Systems. throughout the world. Included are the top web sites, search engines, databases and financial information services. -0-
Published Date: March 27, 1998
Company Name: U.S. Industries Inc.
Address: 101 Wood Avenue South
P.O. Box 169
Iselin, N.J. 08830-0169
Main Telephone
Number: 732/767-0700
Chief Executive
Officer: David H. Clarke
Chief Financial
Officer: Frank R. Reilly
Investor Relations
Contact: Diana E. Burton
Business number: 732/767-2254
Home number: 732/671-7045
Public Relations
Contact: Diana E. Burton
Business number: 732/767-2254
Home number: 732/671-7045
Trading Symbol/
Exchange: USI/NYSE
Industry: Industrial Management
Company description: U.S. Industries, Inc. (USI) is a diversified industrial management corporation with total annual revenues of $2.3 billion with $241 million in operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. FY97. USI companies are organized into two business segments consisting of twelve well-known and market leading businesses in the consumer and industrial segments. They include: Jacuzzi, Ames garden tools, Ertl toys, Rexair vacuum cleaners vacuum cleaner, mechanical device using a draft of air to remove dust, loose dirt, or other particulate matter from dry surfaces. It is especially useful on highly textured surfaces, such as carpets and upholstery, that are difficult to clean by wiping or brushing. , Lighting Corporation of America, EJ Footwear and Garden State Tanning tanning, process by which skins and hides are converted into leather. Vegetable tanning, a method requiring more than a month even with modern machinery and tanning liquors, employs tannin; its use is shown in Egyptian tomb paintings dating from 3000 B.C. . Since its spin-off The situation that arises when a parent corporation organizes a subsidiary corporation, to which it transfers a portion of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the parent corporation's shareholders. from Hanson PLC Hanson plc (formerly Hanson Trust plc) is a British based international building materials company, headquartered in London. Traded on the London Stock Exchange and a constituent of the FTSE 100 Index for many years, the company was acquired by a division of German rival on May 31, 1995, U.S. Industries stock price has ranged from $ 8 3/4 June 1995 to $29 3/8 December 1997. CONTACT: U.S. Industries, Iselin Diana E. Burton, 732/767-2254 |
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