QUOTE AND NEWS
Financial Times  Jun 17  Comment 
Shares in cast-iron range maker surge almost 30% on bid talks with Middleby
Reuters  Jun 17  Comment 
* In discussions with Middleby Corporation regarding a possible cash offer for company.
Motley Fool  May 14  Comment 
The food-service equipment specialist still managed to post solid gains despite currency woes.
SeekingAlpha  Apr 9  Comment 




 
TOP CONTRIBUTORS


Middleby Corporation (NASDAQ: MIDD) is a leading manufacturer of commercial cooking equipment. The company has 17 offices worldwide and manufacturing facilities in Illinois, North Carolina, Vermont, New Hampshire, Michigan, Wisonsin, Georgia, Denmark and the Philipines. Middleby has over 1,600 employees and is headquartered in Chicago, Illinois.

Key Company Highlights

Operating Segments

  • Food Processing Equipment (15% of sales)
  • Commercial Food Service Equipment (85% of sales)

Industry Outlook and Growth Plans

The commercial cooking market is in excess of $3 billion and is highly fragmented. The food processing equipment market is in excess of $1.5 billion and is also highly fragmented. Middleby plans to focus on premier customer relationships and superior technology. The company plans to grow through new product offerings, acquisitions, and international expansion.[2]

References
1. Investor Presentation, Baird Industrial Conference, Nov. 6, 2007
2. Investor Presentation, Biard Industrial Conference, Nov. 6, 2007

References

  1. MIDD
  2. MIDD
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