Investment banking firm Corporate Finance Associates,
Minneapolis, today released its third-quarter Sector Spotlight report covering
jewelry manufacturing and distribution.
The report highlights the loss of nearly 900 companies
between 2001 and 2010, a decline somewhat offset by increasing average sales at
the remaining companies, the firm says. According to the report, this is the
result of mergers of smaller companies into larger, more profitable
enterprises.
The study suggests that the next five years will result in
increasing consolidation of companies, the firm says.
The report can be downloaded free from CFA’s website here:
http://www.cfaw.com/library/200/Jewelry-Manufacturing-Distribution-Q3-2010.pdf.
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