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Since the companies are currently working independently the focus and direction is not well defined for the Wallace Group as a whole. The Electronics group is dependant on government contracts and is currently working on projects for the Navy and Air Force for future contracts. The Plastics group is profitable and a solid performer for the products in which it makes. There is also the ability of the Plastics group to expand and seize more of the share in the market. The Chemical group, which has seen a satisfactory performance in the past year is not living up to the Wallace Groups expectations and is in need of reform...
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