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Gainesboro Machine Tools Corporation Essay Preview: Gainesboro Machine Tools Corporation Report this essay Gainesboro Machine Tools CorporationAli Hussain – 104323867Problem: Gainesboro was an innovative company which was growing substantially from 1989 – 2000, when afterwards they began to ‘spiral downward’. The stock had fallen 18% to $22.15 weeks after the impact of hurricane Katrina. CFO Ashley.