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Signode Organization (1979 (1983 (Packaging - $286M (Main source of…
Signode Organization
1979
Switched from Functional organization to divisional organization
Profit centers
Packaging
International
Fastener and Industrial products
Umbrella for diversification into new product lines
Cost Centers
Finance
Research and Development
1983
International - $234 M
Fastener and Industrial Products - $138M
Packaging - $286M
Main source of companys cash flow
Interest
Expansion Expense
Responsible
Doemstic sales
Steel strapping
59%
79% of this came from Steel strapping consumables
5% from sale of machines
7% Hand tools
9% other goods included seals used for fastening steel strappings
Plastic Strappings
41%