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- Duration: 2:05
- Published: 2010-07-26
- Uploaded: 2010-08-06
- Author: TradeTheTrend
- http://wn.com/Earnings_Report_Roper_Industries,_Inc_Reports_Q2_Boost_in_Net_Earnings_and_Net_Sales
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Roper Industries is a diversified industrial company that produces engineered products for global niche markets. The company is headquartered in Sarasota, Florida.
Roper provides a wide range of products and services to customers in over 100 countries. The company has four main business lines: Industrial Technology, Radio Frequency (RF) Technology, Scientific and Industrial Imaging and Energy Systems and Controls. The company states that it is entrepreneurial yet highly disciplined, and plans to accelerate its growth by using strong cash flow to fund internal expansion and acquisitions. Roper joined the Russell 1000 index in 2004, and has annual revenues of more than US$1.7 billion, as of 2006.
George D. Roper founded the company in the late 19th century, primarily as a manufacturer of home appliances, pumps and other industrial products. Roper initiated a corporate acquisition program, supported by an initial public offering, in 1992.
In 2001, Brian Jellison, a former executive of General Electric and Ingersoll-Rand, joined Roper as Chief Executive Officer. The company states that since then, it has improved its operating capabilities, increased its financial capacity and positioned Roper in markets with attractive growth prospects. The previous holding company business strategy has been replaced with an operating company model. Since 2001 Roper has completed acquisitions accounting for over half its revenues, establishing the company in global growth markets, such as radio frequency identification(RFID) and water. Roper states that during the 2001–2005 era it has paid investors steadily increasing dividends and seen its stock price rise.
AMOT currently has four manufacturing sites and nine sales offices positioned strategically around the world with its main offices in Houston, Texas; Edmonton, Canada; and Bury St. Edmunds, England. The company employs 160 people.
DAP distributes its computers in more than 60 countries, and operates subsidiaries in Paris, France, Abingdon, England and Tokyo, Japan. The company employs 150 people.
TransCore has three major product families. The first family is in RFID transponders and readers. In this family, their original product line reflects their acquisition of Amtech Systems in 2000 (also a supplier of production and automation systems for the manufacture of solar cells). These transponders come in a plastic case, for either windshield or external mounting. Their newer line is the eGo windshield sticker transponder system, which is a low-cost, batteryless system designed for one-time attachment to a windshield. These transponders are found in electronic toll collection, fleet tracking, payment, parking and access control applications.
The second product family is the TransCore Tracking satellite communication system. This family offers truck tracking, trailer tracking, and temperature and cargo monitoring systems for commercial and private fleets. They use GPS and GEOS technology to transmit data from the truck or trailer to the dispatch center.
The third product family is freight matching. TransCore offers multiple load board products for owner-operators, carriers, brokers, shippers, and 3PLs. The underlying framework is the DAT Network, the first electronic freight posting service, acquired in 2001 from the Jubitz Corporation. DAT Services began as Dial-a-truck (DAT), a freight matching service operated at the Jubitz Truck Stop. It evolved to become the original and largest internet loadboard, a matchmaking service for 50 million freight loads and trucks per year. TransCore offers access to the DAT Network through a variety of loadboard products, operating under a variety of brand names. These products include: DAT Partners, DATConnect, 3sixty Freight Match, 3sixty Express and TruckersEdge.
In addition, TransCore has a substantial services business, designing, building and operating ITS facilities. This may be a complete electronic toll collection system, with design, build, transponders, equipment, customer service and violation enforcement, or any part of it. For example, TransCore operates the ETC systems for several E-ZPass members, even though E-ZPass has an exclusive contract with another manufacturer for transponders. Meanwhile, the Good To Go! system in Washington state is a complete drop-in design/build/operate of an eGo system.
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