Dividend Policy

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Category: Business and Industry

Date Submitted: 03/10/2011 11:26 PM

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Founded in 1981, Wind Technologies (WT) has been a supplier of many different varieties of weather related radar and instrumentation. In 1986 the company focused its production on wind profiling radar systems that measure wind and atmospheric conditions. Management of Wind Technologies felt as though this consolidation would position the company as an industry leader in the future in a market that would have little competition. This consolidation was mainly due to being purchased by Vaitra, a high technology European firm. Vaitra made it possible for Wind Technologies to focus its operations mainly due to its large financial support. Since commercial sales were less than stellar since the buyout Vaitra’s financial support has diminished. These products were successful with groups such as NASA, public sector bodies, & universities accounting for nearly 90% of Wind technologies business. Responsibilities for these sales were placed on top management and a team of engineers and this sales Founded in 1981, Wind Technologies (WT) has been a supplier of many different varieties of weather related radar and instrumentation. In 1986 the company focused its production on wind profiling radar systems that measure wind and atmospheric conditions. Management of Wind Technologies felt as though this consolidation would position the company as an industry leader in the future in a market that would have little competition. This consolidation was mainly due to being purchased by Vaitra, a high technology European firm. Vaitra made it possible for Wind Technologies to focus its operations mainly due to its large financial support. Since commercial sales were less than stellar since the buyout Vaitra’s financial support has diminished. These products were successful with groups such as NASA, public sector bodies, & universities accounting for nearly 90% of Wind technologies business. Responsibilities for these sales were placed on top management and a team of engineers and...