The Middleby Corporation (NASDAQ:MIDD) is engaged in the design, manufacture and sale of commercial foodservice, food processing equipment and residential kitchen equipment. The Company operates in three segments: the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. It is also engaged in the design, manufacture, marketing, distribution and service of a range of foodservice equipment used in commercial restaurants and institutional kitchens; food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and kitchen equipment, including ranges, ovens, refrigerators, ventilation and dishwashers used in the residential market. It manufactured and assembled the equipment at 28 facilities in the United States, and 23 international manufacturing facilities as of December 31, 2016. Its brands include Anets, Beech, Blodgett, Blodgett Combi, Stewart Systems, Mercury, Rangemaster, Rayburn and Redfyre.
MIDD stock is UP almost 100% since it’s bounced off it’s 52 wks low of 80 begining f last year (2016) . Institutions are currently holders of 99.10% of the shares. On the other hand, company insiders are holding 1.70%.
Cache Elite inc is ONLY getting started and has over 400% upside potential
Cache Elite, Inc. (OTC:ILUS) is a forward-thinking retail and service provider. The Company provides homeowners with the latest in 3D designs, decorative hardware, stones and all things kitchen, allowing homeowners to access products and make many decisions under one roof at an affordable price. To learn more about Cache Elite, Inc. please visit our websites at www.eliteknobs.com, www.cachecabinetry.com and www.cacheelite.com.
Five months ago Cache Elite inc announced the grand opening of its Gilbert showroom location