Riordan Industries Swot Analysis

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Riordan Industries FIN/370 May 14, 2012 Riordan Industries Riordan Industries is a Fortune 1000 company. The company is the industry leader in injection molding custom bottles, cooling fans, and precision medical devices such as, heart valves and stents. Riordan Industries currently has four locations. The plant in Albany, Georgia manufactures plastic beverage containers. The plant in Pontiac, Michigan produces custom plastic parts. The plant in Hangzhou, China produces plastic fans. Research and development is at corporate headquarters in San Jose, California. Even with the existing locations and an array of product lines, Riordan Industries wants to grow by expanding operations. There are three options for the expansion. The three options are, going public through an IPO, acquiring another organization in the same industry, or merging with another organization. Team A will discuss the strengths, weaknesses, opportunities, and threats of each approach. Strengths going…show more content…
This concept is especially important when a company such as, Riordan Industries ponders an IPO. Currently Riordan Manufacturing and Riordan Industries are each privately held with only their current president and Chief Executive Officer (CEO) Dr. Michael Riordan to answer to. Once the IPO transpires and shareholders own the company, the shareholders or new board of directors may not like the job Dr. Riordan is doing, and he could be replaced. This same scenario could prove true for the Chief Operating Officer Hugh McCauley, each of the top vice presidents, directors, or operation managers as his or her once secure positions are under public scrutiny. Even more scrutiny for Riordan to consider would be answering to the regulations of the Securities and Exchange Commission, and Sarbanes-Oxley (Michael Davis, 2000 Volume 3 Issue

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