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References in periodicals archive ?
Stefaan Decraene, head of Dexia's Belgian operations, said, 'In countries like India or Mexico we no longer finance local councils, but France or in Belgium it's a core operation and it will stay that way.'
Dropping the $12.5-million-annual sales French clamping-device producer entails discontinuing an operation outside Sandvik's core operation, said Anders Thelin, president of Sandvik Tooling.
"If you didn't think the business was a core operation to begin with, you probably shouldn't have bought it.
The sale of this non core operation will allow Green Isle to focus on the development of their added-value frozen food business, supplying major retailers in both the UK and Ireland.
After an 18-month stint in Melrose Park, Smith accepted a job with Hiler Industries, Walkerton, Indiana, as a general foreman for its shell molding and core operation. This was Smith's first introduction to the jobbing foundry environment as well as to aluminum casting as Hiler cast both it and copper-base components.
Kurt Hellstrom, Ericsson's president, indicated that 50% of the company's operation is mobile systems while 20% is mobile phones and that there is about 30% of the company's operation that 'don't fit into the core operation, like the military division which is very profitable.'
The Depotbank services for investment companies no longer constitute a core operation, Commerzbank's COO Frank Annuscheit said, noting that the decision to divest the business reflected a strategic review.
McAlpine recently snapped up facilities management firm Stiell in an pounds 85m deal but will continue to seek more deals to boost its core operation.
Yasuda regards the life insurance business as a core operation.