E-Z-GO 2004 Annual Report Download - page 17

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15
Industrial The five businesses that make up Textron’s $3 billion Industrial segment are among some of the strongest industrial
brands. And all are leveraging their industry leadership to exploit new growth opportunities.
E-Z-GO is a leader in the golf industry with a strong foothold in the industrial, commercial and recreational vehicle segments. The new ST
4X4 trail utility vehicle is just one example of how E-Z-GO is capitalizing on non-golf arenas while building upon its leadership on the
links. Jacobsen continues to revolutionize the turf industry, introducing the award-winning MagKnife for greens and fairway mowers,
a system for fast removal and reattachment of the bedknife blade; and the Brouwer RoboMax, an automated robotic system for turfgrass
production and harvesting.
Greenlee, known as the premier source of professional tools for the electrical and telecommunications trades and found on construction sites
around the world, won the Textron Chairman’s Award for Innovation in 2004 for two new products that are expected to represent significant
growth. And, Greenlee has recently leveraged its experience to expand into the adjacent plumbing and pipe tools segment. Textron Fluid &
Power won a bid to supply gear boxes to A.R.I.S. of Italy for an amphibious, multi-terrain vehicle used for disaster relief. The company will
also supply safety pumps for the first nuclear power plant to be built in Europe in more than a decade. Kautex, which supplies automotive fuel
tank systems to the world’s major auto manufacturers, won a major French OEM contract in 2004, closing a gap in its global coverage. And
as the booming market in Asia transitions from steel to plastic tanks, Kautex is well positioned to capitalize on this and other significant
growth opportunities there.
L-R: Greenlee employees Derrick James, Six Sigma Black
Belt; Jeff Plummer, Senior Engineer; Martha Kness,
Director of Marketing at a construction site, where
Greenlee tools play an important role.
The Power of the Enterprise: Shared Services
Shared Services play an important
role at Textron. Not only do these
enterprise-wide services help constrain
costs by consolidating processes, but
more important, they give our business-
es the opportunity to focus on the most
strategic parts of the business.
In 2004, some Textron Fluid & Power
operations began using Textron’s
Finance Shared Service to manage
accounts payable and receivable
processes. Not only have “past due”
accounts dropped, but resources spent
on these activities have declined by
50 percent, allowing the Finance
Department at Fluid & Power to focus
on strategic business issues that can
help take the company to the next level.