QUOTE AND NEWS
SeekingAlpha  Apr 9  Comment 
Motley Fool  Mar 6  Comment 
The foodservice equipment specialist didn't live up to earnings expectations, but it's still poised for future growth.
Motley Fool  Feb 25  Comment 
The maker of commercial food-service equipment takes big share-price gains into its fourth-quarter earnings report.
Reuters  Feb 23  Comment 
* Divests its High Speed Slicing business in the United Kingdom
CNNMoney.com  Feb 2  Comment 
Read full story for latest details.
Benzinga  Dec 22  Comment 
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Desmon Food Service Equipment Company (Desmon). The company is based in Nusco, Italy and has annual revenues of approximately $15 million USD. A leader in chilling and...




 
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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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