Cost Accounting
Case #2,
: back to the early 1980s, established by three entrepreneurs,
Abbott, Guidry, and Scott. They recognized an opportunity in the water purification equipment industry
and created a niche manufacturing company producing high quality brass valves. With Steve Abbott's
business sense, John Scott's established rpnlttot:~-' .. manufacturing industry, and Roland Guidry's
administrative expertise; the founders 0 )ducts quickly grew their company into the
leading water purification supplier. They cllversified their product line quickly adapting the
manufacturing- skills utilized in brass valve production and began producing brass pumps and flow
controllers. sement saw it imperative to innovate and capture market share in the
manufacturllle; Vl VVa<", p~' , ..__timl components; so they invested in an engineering department tasked
with research and development of new products.
The company assembled the new components in their modern manufacturing facility using the
same......
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Approximate Word Count: 1595
Approximate Pages: 7 (250 words per double-spaced page)
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