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Company Profile - AMF Bowling Worldwide, Inc.

8100 AMF Dr.
Richmond, VA 23111
Phone: 614-815-1313
Phone2: Toll Free: 800-352-5263
Fax: 614-895-8942
Website: www.amf.com
Ticker Symbol: AMBWQ

Key Facts

AMF emerged from chapter 11 in March of 2002.
Largest operator of bowling centers in the world.
Bowling is the oldest sport known to mankind and the number one participatory sport in the U.S.
Key Financial Facts
2001 revenue: $695 million
1-yr. growth rate: -3 percent

Personnel Highlights
Number of employees: 16,500
1-yr. growth rate: 1 percent

Company Overview
With 385 alleys in the U.S. and 100 abroad, AMF Bowling is the largest operator of bowling centers in the world. The company also manufactures and sells bowling center equipment, such as pinspotters, scoreboards, lanes, ball returns, and bowling alley furniture, as well as consumer products such as bowling balls, bowling bags, and bowling shoes. It also makes several lines of billiard tables.

The company, incorporated in 1900 as American Machine and Foundry, originally manufactured machinery for the tobacco industry. In 1946, the son of the company's founder invented the pinspotter, and the company began expanding into leisure products. By the mid-1980s, the company had become unwieldy and was acquired by CAA Industries for $225 million and reorganized. Goldman Sachs purchased AMF in mid-1996 for $1.4 billion and embarked on a program of rapid expansion, adding almost 100 new centers. But this rampant growth plunged the company into $1billion in debt and AMF chose to file chapter 11 in 2001.

In 2002, AMF emerged from chapter 11 through a $350 million exit financing deal.

Major Line of Business : Entertainment & Sports

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