We are very excited about adding Shawn Murray and the management team of Murray Demolition to our group of 11 operating partnerships. He is a first-rate entrepreneur with an experienced management team that has built the leading business in its field. Murray Demolition is a relatively non-cyclical business with low capital expenditure requirements, durable cash flows, a diversified customer base and opportunities for consolidation as well as organic growth -- an excellent investment for Newport.
Quotes about non-cyclical (2 Quotes)
Financials and consumer non-cyclical stocks also interest Johnson. You look at a company like, say, Washington Mutual, in my judgment a great company, and it's a value play. Remember, investors in this market are looking for low priceearnings ratios and some dividend yield, ... Same thing consumer non-cyclical companies like Pepsi and Safeway I think are good investments in this environment.