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The US Hardware Manufacturing Sector The hardware manufacturing sector in the United States generated $3.08 billion in sales la
The US Hardware Manufacturing Sector The hardware manufacturing sector in the United States generated $3.08 billion in sales la
admin
2011-05-20
26
问题
The US Hardware Manufacturing Sector
The hardware manufacturing sector in the United States generated $3.08 billion in sales last year. The industry currently employs approximately 18,000 people, nearly 15,000 of whom are engaged in production.
During the 1980s and 1990s, large corporations began to acquire smaller firms. For example, Twin Falls Hardware, long the number-two company in the industry in terms of sales, acquired eight companies between 1986 and 1993, further reinforcing its position
In 1995, two large hardware manufacturers, Gator Inc. and Kairn Corporation, merged to form Kairn Holdings, an arrangement profitable for both companies. Kairn Holdings was the leading hardware manufacturer in the United States in 1998, and continues to be a market leader.
The majority of companies in the hardware manufacturing sector are privately owned. The industry is concentrated in the Southeastern United States, with over 40 percent of shipments originating there.
What is learned about Kairn Holdings?
选项
A、It was formed from a merger.
B、It was a market leader in 1995.
C、It was the most profitable manufacturer in 1999.
D、It was previously known as the Gator Corporation.
答案
A
解析
联系上下文我们可以看到文章第三段第一句说到Gator公司和Kairn公司合并以后成立新的公司Kairn Holdings,由此可知选项(A)是符合文意的正确答案。
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