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Holly LaFon
Holly LaFon
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Bill Nygren's Oakmark Comments on Blount International

July 10, 2012 | About:

From Oakmark's second-quarter 2012 letter:

Blount International (NYSE:BLT) is the global leader in the production of cutting chain for chainsaws. This is a classic “razor blade business,” as professional loggers need to replace their chains every 5-10 days. International sales, especially to emerging markets, are a large percentage of the total.


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