INDUSTRIAL
- 25
- %
- Industrial’s share of
Textron 2013 revenues
The Industrial segment consists of four businesses that manufacture and market branded industrial products worldwide.
Fast Facts
- At the end of 2013, Textron’s Industrial segment had approximately 8,000 employees.
- Manufacturing facilities are located in 15 countries: Belgium, Brazil, Canada, China, the Czech Republic, Germany, Japan, Mexico, Poland, Portugal, Romania, Slovakia, Spain, the United Kingdom and the United States.
Strategic Steps Forward
- Kautex is a leading global system supplier to the automotive industry. The company develops and manufactures blow-molded plastic fuel systems, selective catalytic reduction systems (SCR), windshield and headlamp washer systems, cast iron engine camshafts and plastic bottles and containers.
- Increase global and local presence through strategic relationships and increase customer base with growth customers in all regions.
- Expand sales in the fast growing emission reduction related segment with selective catalytic reduction system and carbon canister products.
- Accelerate innovative technology and product development for alternative powertrain solutions.
- Jacobsen offers a comprehensive line of professional turf maintenance equipment and specialized turf-care vehicles for golf courses, sporting venues, airports and municipalities, as well as commercial and industrial users. Brand names include Ransomes, Jacobsen and Cushman.
- Improve our North American channel to better support our customers before and after the sale.
- Increase presence in municipal sales channels to find more customers for our equipment.
- Expand our global presence, especially in Asia and Latin America.
Key Data
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(Dollars in millions) |
|
2013 |
|
2012 |
|
2011 |
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2010 |
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2009 |
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Industrial |
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|
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|
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Revenues |
$ |
3,012 |
$ |
2,900 |
$ |
2,785 |
$ |
2,524 |
$ |
2,078 |
|
Segment profit |
$ |
242 |
$ |
215 |
$ |
202 |
$ |
162 |
$ |
27 |
|
Segment profit margin |
|
8.0% |
|
7.4% |
|
7.3% |
|
6.4% |
|
1.3% |
|
Total assets |
$ |
1,956 |
$ |
1,755 |
$ |
1,664 |
$ |
1,604 |
$ |
1,623 |
|
Capital expenditures |
$ |
89 |
$ |
97 |
$ |
94 |
$ |
51 |
$ |
38 |
|
Depreciation and amortization |
$ |
72 |
$ |
70 |
$ |
72 |
$ |
72 |
$ |
76 |
|
- E-Z-GO is a leading global designer and manufacturer of golf cars, off-road utility vehicles and light transportation vehicles for golf courses, consumers and govern- ment, commercial and industrial users, under the E-Z-GO, Cushman and Bad Boy Buggies brands.
- Continue expansion of product lines to drive growth in key segments and leverage adjacencies, particularly in the consumer and commercial sectors.
- Accelerate growth of independent dealer and distributor network to build consumer and commercial distribution.
- Expand worldwide distribution networks and global operational footprint to drive international growth.
- Maintain pace of product development and increase domestic and global distribution to drive continued sales growth in the golf sector.
- Greenlee offers a comprehensive line-up of professional grade products and solutions for the construction, maintenance, telecommunications, data communications, utility, and plumbing industries. Customers depend on Greenlee to deliver high quality, innovative solutions that focus on safety and drive workforce efficiency.
- Augmented the Greenlee Utility product lines by acquiring two companies; Sherman & Reilly, Inc, a manufacturer of underground and aerial transmission and distribution products, and HD Electric, designer and manufacturer of power utility products.
- Expand sales in adjacent utility and plumbing markets.
- Accelerate innovative product development focused on enhancing contractor total cost productivity.
- Grow sales in developing economies including Brazil, Mexico, China and India.
