1982 011 Ordinance - Laserfiche WebLink

Home Browse Search

• ? • APPLICATION FOR INDUCEMENT RESOLUTION ECONOMIC DEVELOPMENT BOND To: Ohio Development Financing Commission P.O. Box 1001 Columbus, Ohio Section I. The Applicant 1- Applicant's Name: The Stanley Works 2- Address: 195 Lalce Street New Britain, Connecticut 06050; the Applicant is a Connecticut Corporation. 3- The Applicant which was founded in 1843 is a publicly held corporation Iisted on the New York Stock Exchar.be. It has sales of approximately $1 billion and its bond rating by Moody is single "A". The Applicant is amanufacturing Company operating in three industrial segments: Builders Products, Industrial Prouucts. and Consumer Products. (See attached annual report for additional inf orma t ion. ) 4- Attached is the Annual Report and 10-K for 1980 and 10-Q's and quarterly reports for 1981. 5- The Applicant's independent auditor is Ernst and Whinne}•, Hartford, Connecticut, since 1966. 6 -The Applicant does not retain outside counsel. The Applicant is represented by Ste phen Tdeddle, Genera.l Counsel and R. A. Macfarlane, Associate Gene ral Counsel, both are officers of the corporation. 7 - The.financing of t his project will not have any substantial effect on the earning s of the corporation. $ - There are no k noum persons or firms havin g an o -wnership interest of 10% or more in the Applicant. 9- The answer to this question No. 9 is no. 10 - Z`he answer to this question No. 10 is no. 11 - The answer to this question No. 11 is no. 12 - The answer to this question No. 12 is no. 13 - The Applicant is not aware of any persons wlio are both employees or members of the Ohio Development Financing Commis,sion and shareholders of Applicant. The stock of the Applicant is publicly traded. No officer of the Applicant is an employee or member of the Ohio Development Financing Commission.