The SpeeCo acquisition is a tight strategic fit and will leverage our worldwide distribution system. Requiring SpeeCo positions us in the adjacent farm and ranch sector with a primary product that is forest related in the SpeeCo log splitter line. We see opportunity in our combined operations to expand the global and channel reach of parts that we sell as well as to improve our sourcing of low cost parts.SpeeCo is highly cash flow generative with limited capital requirements. We are well on the way to integrating the SpeeCo team into Blount and we expect to gain (synergies) beginning in 2011.
Blount International CEO Discusses Q3 2010 Results – Earnings Call Transcript
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