E-Z-GO 2012 Annual Report Download - page 9

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Our Greenlee professional tools business realized double-digit
sales gains in markets like Brazil, Mexico, Russia, and the Middle
East—with much of 2012’s growth driven by product innovation.
We launched several products for the electrical, utility, and
data communication trades where workforce efficiency is a
priority. For example, our new SPEED PUNCH™ system punches
holes in metal three times faster than the traditional method.
Additionally, we enhanced our battery-powered IntelliCRIMP™
system to enable greater crimping capacity and to make crimping
connections faster and easier.
In the automotive market, Kautex was awarded several contracts
in 2012 to produce fuel systems for well-respected brands, such
as Audi, BMW and Jaguar—evidence that our next-generation
fuel system as well as our selective catalytic reduction systems
are helping us to win in the marketplace. Also, to better meet
the global demand, Kautex added production, development and
validation centers in China, Europe and North America to its
network of plants, close to automakers in Asia, Europe and
North America.
As world economies continue to recover, Textron’s Industrial
businesses are well positioned to meet customer needs with
powerful brands and differentiated products. For 2013, we plan
to add production, sales and distribution power to our Industrial
businesses—addressing our customers’ needs around the world.
INDUSTRIAL BRANDS WERE STRENGTHENED BY NEW
PRODUCTS AND EXPANSION INTO NEW TERRITORIES.
PERFORMANCE HIGHLIGHTS
(In millions) 2012 2011 2010
Segment Revenues $2,900 $2,785 $2,524
Segment Profit $215 $202 $162
United States
Europe
Latin Am. & Mexico
Asia Pacific
Canada
40%
35%
10%
10%
5%
REVENUES BY REGION
INDUSTRIAL
7
Chosen by many of the world’s top automakers,
golf course owners, outdoorsmen, construction
and electrical contractors, our Industrial businesses
focused on bringing new products to market in 2012—
fueling our growth around the world. Collectively,
these businesses delivered revenues of $2.9 billion for 2012
with segment profit rising by 6 percent to reach $215 million.
In the light transportation vehicle market, E-Z-GO continued to
broaden its reach by finding new opportunities across a wide range
of applications. For its golf customers, E-Z-GO rolled out the new
PowerFilm Solar Panel that attaches to the golf car canopy and
lowers energy costs by up to 20 percent. For hunting enthusiasts,
the company’s Bad Boy Buggies brand launched four new products
in 2012. The new Bad Boy Buggies Ambush® model lets the driver
switch between silent electric power or the additional range offered
by a gas engine. Also, Bad Boy Buggies introduced three new all-
electric models: the Recoil™, Recoil iS, and Instinct®.
On the turf care side of our business, Jacobsen’s global
equipment sales were up nearly 13 percent in 2012. In the
U.K. and China, Jacobsen posted record growth, with gains
of 25 and 90 percent, respectively. New products for 2012
included the ECLIPSE® 322 three-wheel-drive riding greens
mower, enhanced for climbing steep terrain; the Fairway range
products, with improved cooling technology for use in hot
climates; and the TrueSet™ cutting unit that saves valuable
time for turf technicians.