Johannsen

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Title: Johannsen

Essay Details:

Subject: Business

Author: Roxane D

Date: April 2, 2016

Level: University

Grade: A

Length: 3 / 764

Essay text:

WVS kept Johannsen completely intact as a wholly owned subsidiary. The 1940s and 50s witnessed increasing JSC sales to the U.S military and U.S auto-makers and tire makers. JSC also sold wire for use in staples, nails, cables, cookie cutters, steel brushes/wire wheels, and electrical products, leading to a continued healthy upward climb in sales and profits. In 1960 was a climatic year for the U.S steel industry. A prolonged steel strike of 14 weeks caught steel customers off guard. With stocks nearly exhausted, steel customers throughout the United States looked for alternative sources. Up to this point, competition from Japanese steel plants had been minimal...

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