Manufacturing Industry
Keith Brown Building Materials
Prosales, April, 2004
Tough decisions are paying off at Keith Brown Building Materials, where the company announced it produced year-end net profit for the first time in three years. After facing a decline 14 months ago due to a soft market, under-capitalization after expansion, and poorly performing yards, the Salem, Ore.
based pro dealer says it launched a turnaround effort that included hiring an independent consultant, implementing new operating practices, closing eight yards, and reforming collection procedures.
COPYRIGHT 2004 Hanley-Wood, Inc.
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