Foxboro Company

Foxboro Company
Item# 2405
Regular Price..... $9.00
Now Only..... $2.97

Foxboro Company
The Foxboro Company was founded in 1908. The family-owned company manufactured machinery, machine tools, and developed a worldwide reputation for industrial controls. The company went public in 1958. In the late 1980s the company began developing products for industrial automation including plant monitoring, information management and automated manufacturing control systems. To increase available capital that would sustain its industrial automation thrust, Foxboro was acquired by Siebe plc of Windsor, UK in September, 1990 for $52 per share; a substantial premium over the selling price of $20 (see Exhibit 1 for Siebe's Financial Statements). Siebe incorporated Foxboro into its U.S. based Control Systems Division and reduced the Foxboro work force by 1600 workers; twenty-five percent of Foxboro's employees. Currently it is a cornerstone of US based Invensys Software Systems, a global leader in enterprise automation. Their flagship product, the Intelligent Automation Series, is designed to meet the total measurement, control and real-time information requirements of today's process plants. With it's Sensor-to-Boardroom solutions, Intelligent Automation builds e-business capability into every aspect of the production environment - combining automation with management information to integrate factory floor, control center, service areas and executive offices into one coherent system.

Close Up of Vignette:

Certificate: Common Stock,issued in the 1970s

Printer: American Bank Note Company

Dimensions: 8 (h) x 12 (w)

State: NY-New York

Subject Matter: Modern Technologies

Vignette Topic(s): Allegorical Featured | Company Logo Featured

Condition: Vertical fold lines, punch hole and stamp cancels in the signature areas and body and some toning and edge faults from age.

All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.