Sept. 28--Wall Street spent September reminiscing about the five-year anniversary of the Lehman Brothers bankruptcy -- the meltdown stemming from losses from toxic mortgages believed to have triggered the collapse of the stock market in the Great Recession. Here is a snapshot of some of the key corporate employers in the Augusta are and their progression from then to now.
Looking at the financial perfor-mance of Bridgestone, Textron, Ingersoll Rand, International Paper and Kimberly-Clark, the quarterly revenues vary, but they have become larger and more profitable. Stock prices for four of the five are higher.
Textron and Ingersoll Rand diversified their products at E-Z-Go and Club Car, building electric utility vehicles instead of just golf cars.
Kimberly-Clark weathered the storm well because it produces every-day staples at the largest plant in its portfolio.
Bridgestone expanded its local operations, building onto its existing plant and constructing a new facility.