IntroductionRiordan Manufacturing is a global bendables injection molding company, employing 550 people with estimated annual earnings of $46 million. Dr. Riordan, a professor of chemistry, who had obtained several patents relation back back to processing polymers into high tensile strength shaping substrates, was as well as the founder of Riordan Manufacturing. Sensing the moneymaking(prenominal) applications for his patents, Dr. Riordan started Riordan Plastics, Inc. in 1991. Owned by Riordan Industries, which is a fortune chiliad company that has revenue of everywhere $1 billion. They have troika production plants; a tractile beverage container readiness turn up in Albany, Georgia; a custom plastic split division located in Pontiac, Michigan; and a plastic fan parts facility in Hangzhou, China. The San Jose, California is incarnate headquarters and houses Riordan?s research and development plane section. roughly of the products Riordan specializes in argon fans , plastic bottles, centerfield valves, medical stents and custom plastic parts. Riordan Manufacturing?s Current Assets are at $14,555,092 although the current liabilities subscribe at $6,974,094. The Net network after taxes stood at $2,038,547 and off of that the cash on passel is at 1,938,354. The company?s concentrate in on Six Sigma, leading edge R& axerophthol;D and exceeding ISO 9000 standards defining the attitude and abilities of Riordan Manufacturing. Riordan is an manufacture leader in polymer materials and provides solutions to the customer?s challenges. The R&D department can be the foremost in the industry. initial offering ApproachThe Riordan Manufacturing must(prenominal) consider installing an enterprise constitution that result correct the company financial accounting system. change of shares using the IPO and going public opens the company to increase observation. The Securities and Exchange boot (SEC), state regulators, and the financial community , such as brokerage houses. The Riordan Manu! facturing will need to make regular reports to the shareholders and to the pledge regulators. Presently, the financial describe is performed inaccurately and inefficient... If you want to get a full essay, dress it on our website: OrderCustomPaper.com
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